Suzlon's stakeholders approve restructuring

The Indian turbine maker is one step closer to being rescued after its shareholders approved proposals enabling a debt solution.

BY RITZAU FINANS

Indian wind turbine manufacturer Suzlon Energy came a step closer to being rescued on Tuesday. By remote vote, the company's shareholders have approved all ten proposals put forth to pave the way for a restructuring of Suzlon's debt, according to Bloomberg News.

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