Brief: Icape Group Ends Its Operations In Russia

Icape Holding SA

16/01/2023 16:57

Jan 16 (Reuters) - Icape Holding SA  ALICA.PA :
    * ICAPE GROUP ENDS ITS OPERATIONS IN RUSSIA
    * ICAPE GROUP DECIDED TO TERMINATE ITS OPERATIONS BASED IN
RUSSIA
AND TO STOP TAKING ORDERS SINCE JANUARY 1(ST), 2023
    * NEGOTIATIONS ON CONDITIONS OF EXIT OF ITS ASSETS HAVE BEEN
INITIATED AND SHOULD BE CONCLUDED AS SOON AS POSSIBLE
    * THIS WITHDRAWAL WILL NOT HAVE A SIGNIFICANT IMPACT ON
GROUP'S
REVENUE AND RESULTS, EITHER IN 2022 OR BEYOND

Source text for Eikon:  ID:nBw6hvKhba 
Further company coverage:  ALICA.PA 
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