Brief: Greater Than Intends To Start Court Proceedings Against ABAX

Greater Than AB

05/09/2024 06:46

Sept 5 (Reuters) - Greather Than AB  GREAT.ST :
    * SAID ON WEDNESDAY INTENDS TO START COURT PROCEEDINGS
AGAINST
ABAX 
    * COMPANY HAS CANCELLED AGREEMENT WITH ABAX
    * INTENDS TO LAUNCH PROCEEDINGS FOR IP INFRINGEMENT, BREACH
OF
CONTRACT, UNPAID DEBTS SHORTLY
    * SAYS AMOUNT FOR BREACH OF CONTRACT CAN BE AROUND SEK 170
MLN,
AMOUNT FOR IP IS SIGNIFICANTLY HIGHER
    * SITUATION HAS NEGATIVE CONSEQUENCES FOR CO'S CASH FLOW 



        
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