Bloomberg News

Sino-Forest May Seek Sale, Files for Bankruptcy

March 30, 2012

Sino-Forest Corp.'s office in Mississauga, Ontario, Canada. Photographer: Norm Betts/Bloomberg

Sino-Forest Corp.'s office in Mississauga, Ontario, Canada. Photographer: Norm Betts/Bloomberg

Sino-Forest Corp. (TRE) said it plans either a sale of the company or a restructuring under which noteholders would acquire substantially all of its assets.

The company filed for approval for a court-supervised restructuring process to stay some creditor claims and start a sale process.  

To contact the editor responsible for this story: Greg Chang at gchang1@bloomberg.net


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