Brief: CHL Presented With Bankruptcy Procedure By Italian Court

Centro HL Distribuzione SpA

13/12/2019 07:42

Dec 13 (Reuters) - CHL SpA  CHL.MI :
    * SAID ON THURSDAY IT WAS PRESENTED WITH A BANKRUPTCY
PROCEDURE BY
COURT IN FLORENCE ON DEC. 9 DUE TO ITS INSOLVENCY
    * IT HELD A BOARD MEETING TO DEFINE THE ACTIONS TO PROTECT
ITSELF
AGAINST THE PROCEDURE WHICH IT CONSIDERS GROUNDLESS
    * SAID IT WOULD PRESS ON WITH ITS EXTRAORDINARY OPERATIONS
SUCH AS
THE ACQUISITION OF COMPANIES AIRTIME, PRIME EXCHANGE
TECHNOLOGIES AND RUBELITE

    
 Source text for Eikon:  urn:newsml:reuters.com:*:nBIA5xgXny
    
 Further company coverage:  CHL.MI  
   


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