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CFT - CFT SpA News Story

€4.56 -0.0  -0.2%

Last Trade - 11:31am

Sector
Industrials
Size
Small Cap
Market Cap £73.5m
Enterprise Value £141.4m
Revenue £207.3m
Position in Universe 391st / 729

BRIEF-Cft Signs Settlement Deed With Tax Agency

Mon 25th November, 2019 4:55pm
Nov 25 (Reuters) - CFT SpA  CFTS.MI :
    * SIGNS SETTLEMENT DEED WITH TAX AGENCY
    * SETTLEMENT DEED PROVIDES FOR PAYMENT BY CFT OF TOTAL
AMOUNT OF
EUR 455,000, OF WHICH APPROX. EUR 275,000 FOR HIGHER TAXES AND
RELATIVE INTEREST AND EUR 170,000 FOR PENALTIES
    * ACCEPTED SETTLEMENT PROPOSAL EXCLUSIVELY FOR REASONS OF
FINANCIAL BENEFIT AND TO AVOID THE EMERGENCE OF A DISPUTE, WITH
THE ASSOCIATED COSTS, RISKS AND TIME EMPLOYED

Source text for Eikon:  urn:newsml:reuters.com:*:nBIA9Pp6bJ
Further company coverage:  CFTS.MI 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 778 51 10;))
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