BRIEF-Maple Energy says talks with Graña y Montero and Alcogroup SA terminated

lunes 17 de noviembre de 2014 11:57 GYT
 

Nov 17 (Reuters) - Maple Energy Plc

* Negotiations regarding offer have been terminated by mutual agreement due to impossibility to reach an agreement among all parties involved, regarding certain conditions of proposed transaction

* Is continuing with process of seeking equity investment from strategic investors or business disposals in order to secure sustainability of its ethanol business

* Continues to work closely with senior lenders to try to secure additional capital for ongoing operations of its ethanol business, and to obtain certain waivers under existing senior loans, until a transaction is completed Source text for Eikon: Further company coverage: