Brief: Sintesi board opts for composition with creditors, keeping company in business
30/09/2016 09:58
Sept 30 (Reuters) - Sintesi Societa di Investimenti e Partecipazioni SpA SII.MI :
* Board opts for composition with creditors, keeping company in business
* Giuseppe Volpi resigned on Sept. 15 but remained in office under an extension
("prorogatio")
* Board dismisses Giuseppe Volpi as chairman of the board after that he canceled his
resignation without explaining his motives
* Board appoints CEO Francesco Bottene interim chairman, keeping his role as CEO
* As of today, Giuseppe Volpi remains a non-executive member of the board
Source text for Eikon: ID:nBIA30130
Further company coverage: SII.MI
(Gdynia Newsroom)
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