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Business Restructuring
Ongoing coverage on Business Restructuring.
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Eurogamer
Styx: Blades of Greed and Hell is Us publisher Nacon files for insolvency
French video game publisher Nacon has filed for insolvency after its majority shareholder, Bigben Interactive, failed to repay a bond loan. The company is seeking judicial reorganization to renegotiate debts and ensure its operational continuity. Nacon is known for publishing titles such as Styx: Blades of Greed and Hell is Us.
Rock Paper Shotgun
Styx Blades of Greed publishers Nacon file for insolvency, will "assess all possible solutions" to "protect employees and "preserve jobs"
French publisher Nacon has filed for insolvency proceedings to protect its employees and jobs while renegotiating with creditors. The company cited issues with its majority shareholder, Bigben Interactive, being unable to repay a bond loan. Nacon aims to implement a financial restructuring to ensure its continued operation and develop a viable continuation plan.
