SE reveals Axeon loss of £800,000
SCOTTISH Enterprise has revealed that it had invested £814,562 in Axeon, the Dundee clean energy group which was placed in administration and sold to its largest shareholder on Monday.
A spokeswoman for SE said it was "seeking talks... to ascertain the current position". On Monday administrators Grant Thornton warned investors faced "a 100 per cent loss".
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Saturday 18 February 2012
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