Brief: Krynica Vitamin Says Company And Orderer Extend Deadline For Settlement

Krynica Vitamin SA

24/01/2022 07:40

Jan 24 (Reuters) - Krynica Vitamin  KVT.WA :
    * SAID ON SATURDAY COMPANY AND ORDERER OF HARD SELTZERS FOR
US
MARKET BASED ON NOVEMBER 2020 DEAL HAVE EXTENDED DEADLINE FOR
REACHING SETTLEMENT BEFORE STARTING POTENTIAL ARBITRATION
    * PARTIES HAVE AGREED TO EXTEND DEADLINE BEYOND JANUARY 31
SET
EARLIER
    * COMPANY EXPECTS DECISION ON SETTLEMENT OR ARBITRATION NO
EARLIER
THAN END OF FEBRUARY OR IN MARCH FOLLOWING DIRECT TALKS
    * ISSUE REGARDS DAMAGES CLAIMED BY ORDERER RELATED TO
PACKAGING OF
COMPANY'S PRODUCTS

    
    
 Source text for Eikon:  urn:newsml:reuters.com:*:nEM8Fy3NPa
 Further company coverage:  KVT.WA  

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