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Strike off bombshell: Eight Capital Partners – still awaiting details of bond settlement from Alessandro’s Zamboni’s companies

By Tom Winnifrith | Monday 5 August 2024


Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


Today marks 2 weeks since 1AF2 Limited, a 100% subsidiary of The Avantgarde Group Spa, wholly owned by Alessandro Zamboni, was supposed to pay €40 million to Eight Capital Partners Limited (ECP). IAF2 despite knowing that the payment was due for years failed to pay and has entered into negotiations. There has been no update on the progress of negotiations from Eight.
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