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SoftBank-backed construction firm Katerra files for bankruptcy protection in U.S.
Today 04:05 am JST Today | 06:37 am JST
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Construction startup Katerra Inc, which is backed by SoftBank Group Corp, said on Sunday it has filed for bankruptcy protection in the United States. Katerra said it had secured commitments for $35 million in debtor-in-possession (DIP) financing from SB Investment Advisers(UK) Limited to fund operations during the Chapter 11 process,… Read
