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Since 1998, we work in direct contact with manufacturers, suppliers, consultants, owners and operators to publish only reliable and relevant information.
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Compagnie des Alpes (CDA) has been informed by German authorities that representatives of One World Group, the purchaser of the Fort Fun amusement park (see "Related articles" section below), were suspected of producing false documents concerning the bank guarantee associated with payment of the balance of the transaction price (€5.75 million), to take place on January 31, 2012.
To protect its interests on a precautionary basis, and by virtue of a provision specific to German law, CDA announces it has sent the buyer a notification of the revocation of the share transfer executed at the time of the transaction. Fort Fun will be thus reincorporated into the Group's scope of consolidation as of today, pending further information as to the outcome of this situation.
Meanwhile, CDA is continuing to explore all other means of legal recourse and settlement of the situation.
These past three years have been intense for NewsParcs. Our magazine, which has been dedicated to the global theme parks industry since 1998, underwent major changes to become one of the most appreciated magazines among many...
CORPORATE | NewsParcs - Published on January 28, 2014
Our Theme Park Supplier's News of the Week is a round-up of the latest news relative to companies supplying the theme park industry around the world. This weekly report covers topics such as corporate announcements, financial ...
The NewsParcs' Theme Park Supplier's News of the Week is a round-up of the latest news relative to companies supplying the theme park industry around the world. This weekly report covers topics such as corporate announcements, ...
Our Industry Roundup is a summary of the latest major news related to the theme park industry worldwide. We report news specifically on operators, owners, trade associations and related organizations, including trends, attendance...