Brief: British Automotive Holding Says Will Work Towards Ending Importing Deal With JLR As Of Nov 30

British Automotive Holding w Upadlosci SA

30/09/2020 17:32

Sept 30 (Reuters) - British Automotive Holding SA  BAHP.WA :
    * ON SEPT 23 LETTER FROM JLR: COMPANY WILL WORK TOWARDS DEAL
WITH
JLR ON NOV 30 TERMINATION OF IMPORTING AGREEMENT
    * DEAL TO INCLUDE AMOUNTS,  DEADLINES AND TERMS OF CO'S
LIABILITIES TO JLR, INVENTORY SETTLEMENT AND TERMS FOR
DEALERSHIP AGREEMENTS BETWEEN UNITS AND NEW IMPORTER
    * UNDER REVIEW OF STRATEGIC OPTIONS STARTS SALE OF ASSETS
RELATED
TO IMPORTING AND DEALERSHIP ACTIVITIES OF UNITS

Source text for Eikon:  ID:nEM9s98lBa 
Further company coverage:  BAHP.WA 

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