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. Last Updated: 07/27/2016

Fokker Bailout Fails

AMSTERDAM () -- The receivers of collapsed Dutch aircraft maker Fokker NV announced Thursday they have failed to reach agreement with South Korea's Samsung Group for the takeover of production facilities.

Dutch Economics Minister Hans Wijers said Fokker's chance of survival is now small. Official negotiations between Samsung and the Dutch government began Oct. 16 but failed to produce a result. Russian aircraft makers had been interested in acquiring parts of the firm.