Wockhardt: From debt debacle to stock rocket - 0 views
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Keith Garner on 22 Aug 12Indian drugmaker Wockhardt is proving there is life after debt restructuring. After defaulting on USD 110 million in overseas bonds in 2009 and renegotiating payment on Rs 13 billion in loans, the generics maker is nearly free from a sometimes bitter process of debt recast and is enjoying a furious stock rally...