Brief: Orzel Bialy To Suspend Review Of Strategic Options

Orzel Bialy SA

04/04/2019 11:51

April 4 (Reuters) - Orzel Bialy SA  OBL.WA :
    * RESOLVES TO SUSPEND REVIEW OF STRATEGIC OPTIONS AND
SUSPEND
ACTIONS RELATED TO IMPLEMENTATION OF DEAL WITH ING BANK N.V.
LONDON BRANCH
    * DEAL CONSIDERS PURCHASE OF 60.55% STAKE IN CO BY ZAP
SZNAJDER
BATTERIEN FROM  PINEBRIDGE NEW EUROPE PARTNERS FUND
    * ING SAYS UNDER REVIEW OF STRATEGIC OPTIONS CO HAS NOT
RECEIVED
BINDING OFFERS FOR PURCHASE OF 100% STAKE IN CO
    * SAYS WILL DECIDE TO STOP OR RESUME REVIEW OF STRATEGIC
OPTIONS
PROCESS DEPENDING ON MEETING CONDITIONS OF DEAL SUSPENSION

Source text for Eikon:  ID:nEM83hqf8a 
Further company coverage:  OBL.WA 

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