Brief: Cellularline Contests Esprinet's Assessment Of Its Captal Assets' Impairment In Relation To Takevover Bid

Cellularline SpA

21/07/2022 06:33

July 21 (Reuters) - Cellularline SpA:
    * SAID ON WEDNESDAY IT HAD CONTESTED ESPRINET'S ASSESSMENTS
WITH
REFERENCE TO ANY ISSUES OF POTENTIAL RISK OF IMPAIRMENT OF SOME
WORKING CAPITAL ASSET ITEMS IN CONTEXT OF TAKEOVER BID LAUNCHED
BY ESPRINET'S UNIT 4SIDE
    * IN REAFFIRMING FULL CORRECTNESS OF ITS ACTIONS, COMPANY
RESERVES
RIGHT TO TAKE ALL APPROPRIATE INITIATIVES IN THIS REGARD

 Further company coverage:  CELL.MI ,  PRT.MI 

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