Brief: Comvita Updates On Impact Of Silicon Valley Bank's Collapse

Comvita

12/03/2023 19:55

March 13 (Reuters) - Comvita Ltd  CVT.NZ :
    * AT TIME OF SILICON VALLEY BANK'S COLLAPSE ON 10 MARCH,
CO'S JV
CO IN THE U.S. HAD AROUND US$2.5M IN ITS BANK ACCOUNT
    * INSURANCE WILL COVER 10% OF THIS MONEY AND IS EXPECTED TO
BE
REPAID EARLY NEXT WEEK
    * AT THIS STAGE CO CANNOT ACCESS MONIES


Further company coverage:  CVT.NZ 

 ((Reuters.Briefs@thomsonreuters.com;))