Dantherm divests HVAC and telecom units to reduce debt

Dantherm divested its HVAC business and part of its telecom business in response to demands from credit institutions to reduce interest-bearing debt caused by failing results in its telecom sector.

“The divestment of the businesses was undertaken in response to a demand from Dantherm’s credit institutions to reduce the interest-bearing debt owed to them as a result of continued failing results in its telecom sector.”

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