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Croatia Doesn't Owe PE Firm $60M Over Bankrupt Postal Co.

By Caroline Simson (April 12, 2019, 6:50 PM EDT) -- An international tribunal has nixed a €53 million ($59.9 million) damages claim brought against Croatia by an Austrian private equity firm that had invested in Croatian postal service provider CityEx, rejecting allegations that the country had caused CityEx's bankruptcy....

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