Icon Aircraft identifies the stalking horse bidder on the way to a full sale

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Icon Aircraft has identified a stalking horse buyer for the eventual sale of its business, a move that allows an initial bidder to set the bar for a purchase price low for other interested parties, the latest development in the ongoing bankruptcy case that ended on 4 April started. .

Related: The path to Icon Aircraft’s bankruptcy is being followed

The stalking horse for a potential sale of Icon has been identified as SG Investment America, a newly formed subsidiary of industrial sewing machine developer Dürkopp Adler GmbH, according to court documents.