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                    [ArticleID] => 98296
                    [Title] => UK group offers to bail out VMC
                    [Summary] => Victorias Milling Co. (VMC), which has secured the go-signal from the Securities and Exchange Commission to carry out its rehabilitation plan, appears to have found  its "white knight" to avert insolvency.


Romeo Hermoso, VMC chief financial officer, said that London-based Kest Quartermain Venture Capital Partners Ltd. (KQVCPL) and General Electric Corporation (GE Capital) have offered to infuse $153 million in the debt-saddled sugar milling firm to help it get back on its feet.


                    [DatePublished] => 2000-12-21 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1203478
                    [AuthorName] => by Rommel Ynion
                    [SectionName] => Business
                    [SectionUrl] => business
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GENERAL ELECTRIC CORPORATION

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                    [ArticleID] => 98296
                    [Title] => UK group offers to bail out VMC
                    [Summary] => Victorias Milling Co. (VMC), which has secured the go-signal from the Securities and Exchange Commission to carry out its rehabilitation plan, appears to have found  its "white knight" to avert insolvency.


Romeo Hermoso, VMC chief financial officer, said that London-based Kest Quartermain Venture Capital Partners Ltd. (KQVCPL) and General Electric Corporation (GE Capital) have offered to infuse $153 million in the debt-saddled sugar milling firm to help it get back on its feet.


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                    [AuthorName] => by Rommel Ynion
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abtest

UK group offers to bail out VMC

By by Rommel Ynion | December 21, 2000 - 12:00am

Victorias Milling Co. (VMC), which has secured the go-signal from the Securities and Exchange Commission to carry out its rehabilitation plan, appears to have found its "white knight" to avert insolvency. Romeo...

Business