STRUCTURALLY DEFICIT INTERNATIONAL JOINT VENTURE.

Situation

Chinese joint venture with recurring losses.

Strategic misalignment between shareholders.

Lack of visibility on actual performance by country.

Financial tensions and successive recapitalizations.

Risk of ongoing destruction of capital.



Decisions and mechanisms put in place

A comprehensive strategic review of the options: recovery, restructuring, or exit.

Clarification of responsibilities between partners.

Detailed financial analysis by entity and by activity.

Implementation of a formalized decision-making framework.

Structured negotiation between shareholders.



Results

An orderly decision that safeguards the interests of the parties.

Stop the financial bleeding.

Capital preserved and risk exposure reduced.

Strategic trajectory clarified.