Brief: BayWa AG Says Second Draft Restructuring Report Confirms Restructuring Feasibility Based On The Specified Transformation Concept

Baywa AG

30/11/2024 24:11

Nov 29 (Reuters) - BayWa AG  BYWGnx.DE :
    * EQS-ADHOC: BAYWA AG: SECOND DRAFT RESTRUCTURING REPORT
CONFIRMS
RESTRUCTURING FEASIBILITY BASED ON THE SPECIFIED TRANSFORMATION
CONCEPT
    * BAYWA AG - TO IMPLEMENT ORGANISATIONAL STREAMLINING AND
COST-CUTTING MEASURES
    * BAYWA AG - EQUITY RATIO EXPECTED TO IMPROVE SUBSTANTIALLY
BY END
OF 2027
    * BAYWA AG - FINAL RESTRUCTURING REPORT AND RECAPITALISATION
PLANNED BY Q2/2025
    * BAYWA AG - NEGOTIATIONS WITH FINANCING PARTNERS AND
STAKEHOLDERS
CONTINUE CONSTRUCTIVELY
    * BAYWA AG - WILL BE POSSIBLE TO REACH A FINAL COMMERCIAL
AGREEMENT ON CONTRACTUAL DOCUMENTATION OF RESTRUCTURING SOLUTION
BY END OF 2027

Source text:  ID:nEQ5STgNya 
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