Brief: British Automotive Holding Not To Participate In Import Of Jaguar And Land Rover Cars To Poland

British Automotive Holding w Upadlosci SA

29/07/2020 08:25

July 29 (Reuters) - British Automotive Holding SA  BAHP.WA :
    * SAID ON TUESDAY IT HAS BEEN INFORMED BY JAGUAR LAND ROVER
DEUTSCHLAND (JLR) THAT BRITISH AUTOMOTIVE HOLDING WILL NOT
PARTICIPATE IN IMPORTING JAGUAR AND LAND ROVER CARS TO POLAND
AFTER THEIR MAY 31, 2016 IMPORT AGREEMENT EXPIRES
    * HAS ALSO BEEN INFORMED JLR WILL CONTINUE IMPORT ACTIVITIES
TOGETHER WITH INCHCAPE, WHICH CURRENTLY CARRIES OUT IMPORT
ACTIVITIES FOR JAGUAR AND LAND ROVER BRANDS IN FINLAND AND
BALTIC STATES
    * RESOLVES TO START PROCEDURES FOR ESTIMATING THE VALUE OF
COMPANY'S SHARES AND AMOUNT OF IMPAIRMENT LOSSES RELATED TO THE
REDUCED VALUE OF BAH SHARES
    * PLANS TO INFORM ABOUT THE FINAL VALUE OF IMPAIRMENT LOSSES
REGARDING BAH SHARES NO LATER THAN AUGUST 7

    
    
 Source text for Eikon:  urn:newsml:reuters.com:*:nEM9yRZJda
    
 Further company coverage:  BAHP.WA  
   


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