Brief: Gerry Weber International: Gerry Weber Retail Applies For Insolvency Proceedings
07/02/2019 14:28
Feb 7 (Reuters) - Gerry Weber International AG GWIG.DE :
* DGAP-ADHOC: GERRY WEBER INTERNATIONAL AG: GERRY WEBER RETAIL GMBH & CO. KG APPLIES FOR
PRELIMINARY INSOLVENCY PROCEEDINGS UNDER SELF-ADMINISTRATION
* CONTINUED FINANCING OF OPERATIONS IS SAFEGUARDED UNTIL YEAR 2020
* MANAGEMENT CONSISTING OF JOHANNES EHLING AND FLORIAN FRANK WOULD REMAIN IN OFFICE WITH ALL
POWERS AND RESPONSIBILITIES
* COURT DECISION IS EXPECTED WITHIN COURSE OF DAY
* BUSINESS OPERATIONS OF GERRY WEBER RETAIL GMBH & CO. KG ARE CONTINUED TO FULL EXTEND
Source text for Eikon: ID:nEQ23Rb52a
Further company coverage: GWIG.DE
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