News

17
Jan

Madeco has concluded a settlement agreement for arbitral trial with Nexans.

The Company informed the market that it had commenced an arbitral claim against NEXANS in New York before the International Chamber of Commerce for differences in the price adjustments that were required to take place under the Purchase Agreement of its Wire and Cables Business signed between both parties on 21 February 2008, whose subscription was widely disseminated to the market.

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