Ambipar: Judicial Recovery in Brazil and USA
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Ambipar Files for Judicial Recovery in Brazil and the USA
What Happened?
Ambipar, a prominent environmental services company specializing in emergency response, waste management, and industrial services, has initiated judicial recovery proceedings in both Brazil and the United States. This move comes amid mounting debt and a challenging financial situation. The company cited a complex debt structure and the need to restructure its finances to ensure its long-term viability.