Brief: Manz AG Says Will File For Insolvency Proceedings

Manz AG

18/12/2024 17:30

Dec 18 (Reuters) - Manz AG  M5ZG.DE :
    * EQS-NEWS: MANZ AG WILL FILE FOR INSOLVENCY PROCEEDINGS AND
RESPONDS TO DIFFICULT MARKET CONDITIONS WITH EXTENSIVE
RESTRUCTURING
    * MANZ AG - ONGOING DISCUSSIONS WITH INVESTORS TO CONTINUE
    * MANZ AG - SALE OF BATTERY CELL PRODUCTION EQUIPMENT
BUSINESS IS
ALSO TO CONTINUE AS PLANNED
    * MANZ AG - MEASURES TO REDUCE PERSONNEL, FIXED AND MATERIAL
COSTS
    * MANZ AG - DISCUSSIONS WITH POTENTIAL INVESTORS REGARDING
FURTHER
FINANCING

Source text:  ID:nEQKCDxDa 
Further company coverage:  M5ZG.DE 

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