Brief: Daldrup & Söhne Concludes First Contract On Geysir And Geox Shares
19/07/2019 14:10
July 19 (Reuters) - DALDRUP & SOEHNE AG 4DSG.DE :
* CONCLUDES FIRST CONTRACT WITH PRIVATE EQUITY INVESTOR IKAV
* DALDRUP RECEIVES EUR 5.2 MILLION IN EARMARKED FUNDS
* FURTHER CONTRACT NEGOTIATIONS UNDERWAY
* THIS REPRESENTS A FIRST STEP TOWARDS DEBT RELIEF OF
DALDRUP
GROUP AND DECONSOLIDATION OF GEYSIR GROUP
* HAS CONCLUDED AGREEMENTS WITH IKAV GROUP, REPRESENTED BY
LUXEMBOURG FUND IKAV INVEST S.À R.L., ON PURCHASE AND ASSIGNMENT
OF SHARES IN GEYSIR EUROPE GMBH AND GEOX GMBH
* FIRST PART OF AGREEMENTS HAS BEEN SUCCESSFULLY IMPLEMENTED
Source text for Eikon: ID:nEQbg0HtTa
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