Filipe Alves
filipe.alves@economico.pt
‘Holding’ Forte Rio holds first sale of an asset since it came into controlled management. Judge decides the future of the company on the 6th.
The Forte Rio, ‘holding’ the Espírito Santo Group (GES), yesterday announced the first sale of a significant asset since it was placed under controlled management at Luxembourg with the sale, the Swiss Springwater, the Holy Spirit Travel. When the Economic Daily found, the court authorized the operation of Luxembourg by considering that the ES Trips lose value if kept in integrated Forte Rio, given that operates in a particularly vulnerable sector of the difficulties in accessing bank financing arising from the controlled management.
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