Merckle creditors express woes

28 May 2009

According to a German newspaper report, circulated by Pharma Adhoc, exactly 61 creditor banks are involved in the restructuring of the  Merckle empire. Also the Deutsche Apotheker- und Arztebank (Apobank) is  among the financers of the deceased entrepreneur Adolf Merckle  (Marketletters passim). The biggest cooperative primary bank in Germany,  with 100,000 pharmacists and doctors as members, is number 23 on the  list of creditors with claims of 103.0 million euros ($144.3 million).

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