Grupo Hima San Pablo resolves final objection for Caguas asset sale

Chicago, Nov. 1 – Grupo Hima San Pablo Inc. worked through a long list of objectors and has finally reached an agreement with all parties regarding its Caguas asset sale, according to a motion filed with the U.S. Bankruptcy Court for the District of Puerto Rico.

The court approved the stalking horse agreement with Fajardo in August.

Objections from multiple parties were lodged and resolved throughout September and October.

Accordingly, the debtors are now asking the court to approve the amended sale order with requested changes and reflections of the agreements.

The Caguas, Puerto Rico-based health care services company filed bankruptcy on Aug. 15 under Chapter 11 case number 23-02510.

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