Brief: Lindbergh Approves Group Reorganization, Incorporation Of Unit Through EUR 1.2 Mln Intercompany Sale

Lindbergh SpA

23/05/2022 06:13

May 23 (Reuters) - Lindbergh SpA  LDB.MI :
    * SAID ON FRIDAY IT HAD APPROVED REORGANIZATION PROJECT OF
GROUP
    * REORGANIZATION INVOLVES LINDTEQ, A 95% WHOLLY OWNED UNIT,
SPECIFICALLY T-LINQ TECHNOLOGY PLATFORM USED BY TECHNICAL USERS
OF SERVICES
    * TRANSACTION INVOLVES INCORPORATION OF ALL LINDTEQ'S
TECHNOLOGY
ASSETS INTO PARENT COMPANY LINDBERGH THROUGH AN INTERCOMPANY
SALE WORTH EUR 1.2 MLN TO BE CARRIED OUT BY MAY 31
    * IT IS THEN PLANNED TO PUT SUBSIDIARY LINDTEQ INTO
LIQUIDATION BY
JUNE 30

 Further company coverage:  LDB.MI  

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