Exclusive: Saudi court approves detained tycoon Sanea's bankruptcy filing

A Saudi court has approved an application by detained and indebted billionaire Maan al-Sanea and his company, Saad, to have their case resolved through the kingdom's new bankruptcy law, the company's financial adviser and two sources familiar with the matter told Reuters.

from Reuters: Business News https://ift.tt/2J2hM5C
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