Brief: Arkos Disputes Validity Of Burckhardt Compression Equity Call

Burckhardt Compression Holding AG

17/07/2019 09:18

July 17 (Reuters) - Burckhardt Compression Holding AG
 BCHN.S :
    * ARKOS SAYS PENDING LITIGATION BROUGHT BY ARKOS AGAINST
BURCKHARDT ENTITIES MUST BE RESOLVED PRIOR TO ANY LEGITIMATE
TRANSFER OF UNITS INCLUDING ARKOS FIELD SERVICES
    * ARKOS SAYS BURCKHARDT MADE MISLEADING CLAIMS IN ITS NOTICE
OF
ITS EXERCISE OF A CALL OPTION TO ACQUIRE A MAJORITY INTEREST IN
ARKOS FIELD SERVICES, LP
    * ARKOS FIELD SERVICES SAYS STRONGLY DISPUTES THE VALIDITY
OF THE
EQUITY CALL AND HAS NO PLANS TO CHANGE THE MANAGEMENT OR
OWNERSHIP STRUCTURE

Source text for Eikon: [https://www.prnewswire.com/news-releases/arkos-field-services-issues-statement-in-response-to-misleading-claims-300884503.html
]
Further company coverage:  BCHN.S 

 (Reporting by John Miller)
 ((J.Miller@thomsonreuters.com;))