UAE's Pacific Controls in bank talks about 1.4 billion dirhams debt

DUBAI (Reuters) - Pacific Controls, a Dubai-based technology company, is in talks with banks about restructuring debts of 1.4 billion dirhams ($381 million), sources told Reuters, one of the largest firms to have to do so since the emirate's economy began to slow.

from Reuters: Technology News http://ift.tt/29ZmNtv