Brief: Stern And Hedin Automotive Postpone Merger Discussions Due To Corona Crisis

PB Holding NV

16/03/2020 09:26

March 16 (Reuters) - STERN GROEP NV  ARTN.AS :
    * STERN AND HEDIN AUTOMOTIVE POSTPONE MERGER DISCUSSIONS DUE
TO
CORONA CRISIS
    * MERGER PROCESS, WHICH WAS ALREADY AT AN ADVANCED STAGE,
WILL BE
SUSPENDED UNTIL IMPACT OF CORONA CRISIS HAS PASSED
    * WE BELIEVE STERN IS IN A GOOD POSITION TO COPE WITH THIS
CORONA
CRISIS

Source text for Eikon:  ID:nNDL99GpS1 
Further company coverage:  ARTN.AS 

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