Brief: Borregaard: Spanish Lignin Partner Sniace Declares Intention To Apply For Liquidation

BORREGAARD ASA

14/02/2020 08:08

Feb 14 (Reuters) - Borregaard ASA  BRGD.OL :
    * REG-BORREGAARD ASA: SPANISH LIGNIN PARTNER SNIACE DECLARES
INTENTION TO APPLY FOR LIQUIDATION
    * DEPENDING ON COURT DECISION ON REQUEST FOR LIQUIDATION AN
ADMINISTRATOR WILL BE APPOINTED, WHO WILL THEN DECIDE ON FURTHER
STEPS
    * IT IS CURRENTLY NOT KNOWN HOW THIS DEVELOPMENT WILL AFFECT
OPERATION OF LIGNOTECH IBÉRICA

Source text for Eikon:  ID:nGNE2cY94b 
Further company coverage:  BRGD.OL 

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