Brief: Campine Says Court Recognises Company's Low Involvement In Battery Case

Campine NV

07/11/2019 17:15

Nov 7 (Reuters) - Campine NV  CAMB.BR :
    * COURT RECOGNISES LOW INVOLVEMENT OF CAMPINE IN BATTERY
CASE
    * COURT'S VERDICT IS TO REDUCE IMPOSED FINE WITH 3,9 MIO EUR
TO
4,3 MIO EUR FROM AN ORIGINAL AMOUNT OF 8,2 MIO EUR 
    * AWAITING DETAILED MOTIVATION OF COURT AND REACTION OF EU
COMMISSION TO ASSESS ITS LEGAL OPTIONS
    * SAYS GENERAL COURT OF EU COMMUNICATED ITS VERDICT IN
APPEAL OF
CAMPINE AGAINST EUROPEAN COMMISSION'S DECISION TO PENALISE
CAMPINE FOR ALLEGED PARTICIPATION IN A PURCHASE CARTEL IN
EUROPEAN MARKET OF CAR BATTERY RECYCLING

Source text for Eikon:  ID:nGNE3ttnG2 
Further company coverage:  CAMB.BR 

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