Brief: Facor Alloys Approved Restructuring Of Wholly Owned Overseas Subsidiaries Of Company
21/03/2023 10:42
March 21 (Reuters) - Facor Alloys Ltd FALY.BO :
* APPROVED RESTRUCTURING OF WHOLLY OWNED OVERSEAS
SUBSIDIARIES OF
COMPANY
* PROPOSED RESTRUCTURING TO BE CARRIED OUT TO ENSURE
STREAMLINING
OF ENTITIES BY REDUCING NUMBER OF ENTITIES AND LAYERS
* RESTRUCTURING WILL NOT HAVE ANY IMPACT ON STAKE HELD BY CO
IN
THESE UNITS
Source text for Eikon: ID:nBSE2G66ld
Further company coverage: FALY.BO
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Brief: Facor Alloys Approved Restructuring Of Wholly Owned Overseas Subsidiaries Of Company