Brief: Ausgroup Commences Discussions With Deloitte & ToucheTo Formulate A Restructuring Plan
17/11/2022 06:39
Nov 17 (Reuters) - AusGroup Ltd AUSG.SI :
* COMMENCED DISCUSSIONS WITH DELOITTE & TOUCHE, AS FINANCIAL
ADVISER, TO FORMULATE AND PROGRESS WITH A RESTRUCTURING PLAN
* SOME OF THESE CONFIDENTIAL DISCUSSIONS ARE AT AN ADVANCED
STAGE
WITH INDICATIVE DRAFT TERMS
* NO ASSURANCE THAT POTENTIAL TRANSACTIONS WILL MATERIALISE
* CONTINUES TO BE IN CONFIDENTIAL DISCUSSIONS WITH SEVERAL
PARTIES
FOR POTENTIAL SALE OF CERTAIN ASSETS OR BUSINESSES OF GROUP
Source text for Eikon: ID:nSN4pPYxT
Further company coverage: AUSG.SI
((Reuters.Briefs@thomsonreuters.com;))
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