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Aspocomp in standstill arrangement

Finnish PCB Producer Aspocomp has agreed on a standstill arrangement with its Finnish bank creditors.

Aspocomp has agreed on a standstill arrangement with its Finnish bank creditors for the purposes of stabilizing the financial position of the company during the pending negotiations with a potential business partner. The standstill arrangement is in force until 30 November, 2007 unless earlier terminated by banks due to a material reason.

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