Italy's market watchdog alleges "serious irregularities" by CHL management

Centro HL Distribuzione SpA

06/12/2019 10:41

MILAN, Dec 6 (Reuters) - Italian market watchdog Consob said
on Friday it had decided to suspend from trading the shares of
information technology and e-commerce service provider CHL
 CHL.MI  over allegations of serious irregularities and possible
market abuse.
    Consob said in a statement the alleged irregularities
related to informations about the company's economic and
financial situation that CHL's top management had provided to
investors.
    CHL could not be immediately reached for comment.

 (Reporting by Andrea Mandala, writing by Giulio Piovaccari)
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