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SOI — Soitec SA News Story

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Brief: Soitec Settles Tax Dispute And Will Book Related €60 Mln Cash Outflow In Q3

BRIEF-Soitec Settles Tax Dispute And Will Book Related €60 Mln Cash Outflow In Q3

- Soitec SA SOIT.PA:

  • SOITEC AND THE FRENCH TAX AUTHORITIES AGREE ON THE MAIN TERMS OF A SETTLEMENT

  • SETTLEMENT TO RESULT IN €320 MILLION TAX LOSS CARRY-FORWARD FORFEITURE AND CASH OUTFLOW UP TO €60 MILLION IN Q3 2027

  • SETTLEMENT EXPECTED TO CLOSE ONGOING TAX DISPUTE IN COMING WEEKS

Source text: ID:nGNEc0DxYr

Further company coverage: SOIT.PA


(Gdansk Newsroom)

((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))

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