Brief: Kordsa Reorganizes Kordsa Composite In U.S

Kordsa Teknik Tekstil

03/01/2024 06:43

Jan 3 (Reuters) - KORDSA TEKNİK TEKSTİL  KORDS.IS :
    * SAID ON TUESDAY WHOLLY-OWNED DIRECT SUBSIDIARY KORDSA INC
OPERATING IN TIRE REINFORCEMENT HAS TRANSFERRED ITS SHARES IN
ITS DIRECTLY CONTROLLED SUBSIDIARIES FABRIC DEVELOPMENT AND
TEXTILE PRODUCTS TO ITS WHOLLY-OWNED SUBSIDIARY AXIOM MATERIALS
ACQUISITION LLC 
    * SAYS FOLLOWING THIS CHANGE, AXIOM MATERIALS ACQUISITION
LLC IS
CHANGING ITS CORPORATE FORM AND NAME AS "KORDSA ADVANCED
MATERIALS INC." 
    * SAYS REORGANIZING US BUSINESSES WHEREBY ALL ENTITIES IN
COMPOSITE BUSINESS TO BE ORGANIZED AND MANAGED UNDER KORDSA
ADVANCED MATERIALS INC

        
 Source text for Eikon:  urn:newsml:reuters.com:*:nIKA2H1nxj
 Further company coverage:  KORDS.IS  

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))