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SNC - Sniace SA News Story

€0.046 0.0  0.0%

Last Trade - 12/02/20

Sector
Basic Materials
Size
Micro Cap
Market Cap £n/a
Enterprise Value £n/a
Revenue £66.5m
Position in Universe th / 733

BRIEF-Sniace To File For Liquidation

Fri 14th February, 2020 6:21am
Feb 14 (Reuters) - Sniace  SNCE.MC :
    * SAID ON THURSDAY THAT THE BOARD HAD AGREED TO FILE FOR
LIQUIDATION OF SNIACE AND ITS UNITS CELLTECH SLU AND VISCOCEL
SLU
    * SAID IT WAS IMPOSSIBLE TO MEET THE PAYMENT COMMITMENTS
ARISING
FROM THE AGREEMENT WITH CREDITORS, APPROVED BY THE COURT ON
SEPTEMBER 23, 2015
    * SAID THE PRICES OF CELLULOSE, VISCOSE FIBER, ELECTRICITY,
TERMINATION OF CONTRACT WITH COGEN DISCOURAGED POTENTIAL
INVESTORS 

    
 Source text: https://bit.ly/2u04ccc
    
 Further company coverage:  SNCE.MC  
   


 (Gdansk Newsroom)
 ((Gdansk.newsroom@thomsonreuters.com; +48 58 778 51 10))
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