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Through a public hearing, the Superintendency of Companies accepted this Thursday andl Reorganization Agreement of the Avantel SA company
This allows, according to Supersociedades, “the company restructure its liabilities while continuing to exercise its corporate purpose, thus managing to preserve the company and employment ”.
(You may be interested: The ‘dark side’ of cell phones now had to compete: Partners)
The decision states that In a period of 10 years the company has to comply with the credits that are determined in the agreement and, in that period, it can continue to operate normally, in order to preserve the 400 jobs generated by the company in the country.
(Also: Novator Partners, new owner of Avantel)
The Supersociedades clarified that the agreement “contemplates a capitalization and the merger by absorption between Avantel and Partners Telecom Colombia SAS”
The Supersociedades clarified that the agreement “contemplates a capitalization and the merger by absorption between Avantel and Partners Telecom Colombia SAS, which implies the strengthening of assets to support the liabilities, and that Partners assumes the liability of Avantel, therefore, the responsibility for compliance with the Agreement ”.
(We recommend you read: The journey of Avantel’s new largest shareholder in Colombia)
By last, Partners will assume Avantel’s responsibilities at Dian.
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TECHNOSPHERE
Twitter: @TecnosferaET
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