Brief: Itway Postpones Approval Of 9-Mth Results Due To Delay In Sale Of Greek and Turkish Units

Itway SpA

01/03/2019 08:57

March 1 (Reuters) - Itway SpA  ITWAY.MI :
    * SAID ON THURSDAY IT WOULD APPROVE 9-MONTH RESULTS ALONG
WITH FY
FINANCIAL STATEMENTS
    * POSTPONEMENT IS DUE TO DELAY IN CLOSING OF SALE OF ITWAY
HELLAS
AND ITWAY TURKYIE TO CYBER 1
    * CYBER 1 HAS DELAY IN OBTAINING THE BANK GUARANTEES AGREED
WITH
SHARE SALE AND PURCHASE AGREEMENT
    * HAS SENT TO CYBER 1 A LETTER OF FORMAL NOTICE
    * SAYS IT BELIEVES THAT CYBER 1 IS CONTINUING TO WORK
TOWARDS THE
CLOSING AS SOON AS POSSIBLE


    
 Source text for Eikon:  urn:newsml:reuters.com:*:nBIA6bLHk4
    
 Further company coverage:  ITWAY.MI  
   


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