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    GWI2 — Gerry Weber International AG News Story

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    Gerry Weber: shares plunge on insolvency proceedings plan

    Picture of Gerry Weber International AG logoGerry Weber International AG
    25/01/2019 13:41
    ** Shares in Germany-based fashion company  GWIG.DE  fall 74
pct
    ** Co applies for court order of preliminary insolvency
proceedings under self-administration
    ** Says application was triggered by failed negotiation
talks of with financing partners
    ** Two weeks ago co adjusted prelim FY results downwards
 urn:newsml:reuters.com:*:nFWN1ZD05I
    ** Stock hits record low
    

 ((bartosz.dabrowski@tr.com))

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