Brief: Componenta files for restructuring

Componenta Oyj

01/09/2016 06:00

Sept 1 (Reuters) - Componenta Corp  CTH1V.HE : 
    * Componenta files for restructuring 
    * Liquidity of Componenta Group has become critical due to greater than expected negative 
development of turnover and profitability 
    * Has not been able to negotiate additional financing necessary due to this situation 
    * Files for restructuring of parent company i.e. Componenta Corporation and its subsidiaries 
    * Dutch subsidiary Componenta B.V. will file for bankruptcy 
    * Componenta Dökümcülük Ticaret ve Sanayi A.S. in Turkey will continue its operations 
without any official proceedings 
    * Decided to call an extraordinary shareholders' meeting on Sept. 23 to resolve upon 
continuance of restructuring filing 
 
Source text for Eikon:  ID:nHSU6sJY  
     
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