Brief: Arcandor: Change Of Major Shareholder And Feasibility Study On Restructuring

Arcandor AG

07/02/2020 10:17

Feb 7 (Reuters) - ARCANDOR AG IN DER INSOLVENZ  AROG.D :
    * CHANGE OF MAJOR SHAREHOLDER
    * FEASIBILITY STUDY ON THE RESTRUCTURING OF THE COMPANY
    * MADELEINE SCHICKEDANZ VERMÖGENSVERWALTUNGS GMBH & CO. KG,
FÜRTH,
HAS ALL 54,514,920 SHARES IN ARCANDOR AG
    * MR. CLEMENS J. VEDDER, MEILEN / SWITZERLAND, HAS THE
AFOREMENTIONED 54,514,920 SHARES IN ARCANDOR AG
    * SCHERZER & CO. AG HAS, WITH THE CONTRACT OF TODAY, THE
54,514,920 SHARES IN ARCANDOR AG BOUGHT FROM MR. CLEMENS J.
VEDDER
    * GOAL WOULD BE THE FINANCIAL RESTRUCTURING OF ARCANDOR AG
AND THE
REVITALIZATION OF THE COMPANY AS AN ADVERTISING COMPANY

Source text for Eikon:  ID:nEQc3xzNja 
Further company coverage:  AROG.D 

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