Brief: OT Logistics To Merge With Two Units

OT Logistics SA

01/09/2021 06:55

Sept 1 (Reuters) - OT Logistics SA  OTSL.WA :
    * SAID ON TUESDAY IT HAS RESOLVED TO MERGE WITH UNITS OT
NIERUCHOMOŚCI AND OT PORTY MORSKIE
    * THE COMPANY OWNS 100% STAKE IN EACH OF THE UNITS
    * THE MAIN GOAL OF THE MERGER IS TO INCREASE TRANSPARENCY,
ORGANISE AND SIMPLIFY THE STRUCTURE AND ELIMINATE UNNECESSARY
PROCESSES AND ADDITIONAL COSTS OF MAINTAINING SEPARATE ENTITIES
WITH A LIMITED SCALE OF OPERATIONS

    
    
 Source text for Eikon:  urn:newsml:reuters.com:*:nEM3Wl5g0a
    
 Further company coverage:  OTSL.WA  
   


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