Brief: Inapa Submits Request For Special Revitalization Process

Inapa Investimentos Participacoes e Gestao SA

06/09/2024 06:12

Sept 6 (Reuters) - INAPA  INA.LS :
    * SAID ON THURSDAY IT SUBMITTED REQUEST TO COMMERCIAL COURT
OF
JUDICIAL DISTRICT OF LISBON WEST TO INITIATE SPECIAL
REVITALIZATION PROCESS (PER)
    * INAPA PORTUGAL'S FINANCIAL SITUATION, IN PARTICULAR ITS
TREASURY, HAS BEEN NEGATIVELY IMPACTED BY DECLARATION OF
INSOLVENCY OF INAPA IPG, ITS SOLE SHAREHOLDER
    * DESPITE IMMINENT CASH FLOW FAILURE, IN VIEW OF ITS
MANAGEMENT
BODY IT IS POSSIBLE TO RECOVER INAPA PORTUGAL AND MAINTAIN ITS
ACTIVITY AS ECONOMICALLY PROFITABLE COMPANY

    
 Source text: [https://tinyurl.com/2kcpva3n]
 Further company coverage:  INA.LS  

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