Brief: Arendals Fossekompani Says Expected Impairment Of Shareholding And Shareholder Debt In Commeo

Arendals Fossekompani ASA

10/06/2024 18:33

June 10 (Reuters) - Arendals Fossekompani ASA  AFK.OL :
    * ARENDALS FOSSEKOMPANI: EXPECTED IMPAIRMENT OF SHAREHOLDING
AND
SHAREHOLDER DEBT IN COMMEO
    * THIS EXPECTATION IS BASED ON AN ASSESSMENT OF COMMEO'S
FINANCIAL
PERFORMANCE
    * IMPAIRMENT WILL BE ACCOUNTED FOR IN FINANCIAL STATEMENTS
FOR Q2,
2024.
    * ARENDALS FOSSEKOMPANI- ASSESSING ALTERNATIVES FOR COMMEO
AND
EXPECTS A SIGNIFICANT IMPAIRMENT OF ITS INTERESTS IN COMPANY
    * IMPAIRING UP TO ENTIRE BOOK VALUE OF AFK'S SHAREHOLDING,
AS WELL
AS ITS SHAREHOLDER DEBT TO COMMEO

Source text for Eikon:  ID:nObiQ4q46a 
Further company coverage:  AFK.OL 

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