Brief: Aarti Industries Says Customer Invoked "Termination Of Convenience" Clause Of A Long Term Contract
15/06/2020 04:48
June 15 (Reuters) - Aarti Industries Ltd ARTI.NS :
* AARTI INDUSTRIES - GOT EARLY TERMINATION NOTICE FROM
CUSTOMER
INVOKING "TERMINATION OF CONVENIENCE" CLAUSE OF A LONG TERM
CONTRACT
* AARTI INDUSTRIES - COMPENSATION TO CO ESTIMATED TO BE IN
THE
RANGE OF USD 120 MILLION TO USD 130 MILLION.
Source text for Eikon: ID:nBSE7dMxMN
Further company coverage: ARTI.NS
((Reuters.Briefs@thomsonreuters.com;))
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