Brief: PZ Cormay Decides To Start Review Of Strategic Options For Equisse 400i Project

PZ Cormay SA

16/03/2023 10:01

March 16 (Reuters) - PZ Cormay SA  CRM.WA :
    * DECIDES TO START REVIEW OF STRATEGIC OPTIONS FOR  EQUISSE
400I
PROJECT
    * MANAGEMENT INTENDS TO COMPLETE REVIEW OF STRATEGIC OPTIONS
FOR
EQUISSE IN 2023
    * POSTPONING OF START OF SALE OF EQUISSE WILL ALLOW FOR
SELECTION
AND IMPLEMENTATION OF SOLUTION POTENTIALLY MAXIMIZING RETURN ON
CAPITAL INVOLVED BY COMPANY IN THIS PROJECT
    * MANAGEMENT ANTICIPATES THAT SALE OF EQUISSE SHOULD START
NO
LATER THAN BY END OF 2024

Source text for Eikon:  ID:nEM3vsYWMa 
Further company coverage:  CRM.WA 

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