Brief: Mercer Group Says Settled All Potential Claims Associated With Collapse Of A Silo

MHM Automation

03/03/2019 23:50

March 4 (Reuters) - Mercer Group Ltd  MGL.NZ :
    * HAVE SETTLED ALL POTENTIAL CLAIMS ASSOCIATED WITH COLLAPSE
OF A
SILO AT FONTERRA'S EDENDALE SITE IN 2016
    * MERCER WILL PAY FONTERRA $1M AND UNDERTAKE $3M OF WORK
OVER A
THREE YEAR PERIOD AT A DISCOUNTED RATE
    * ALL FIGURES IN NZ$

Source text for Eikon:  ID:nNZSGcfa 
Further company coverage:  MGL.NZ 

 ((Reuters.Briefs@thomsonreuters.com;))