Brief: Starbreeze Successfully Completes Company Reconstruction Process
06/12/2019 14:14
Dec 6 (Reuters) - Starbreeze AB STZEb.ST :
* STARBREEZE HAS SUCCESSFULLY COMPLETED THE COMPANY RECONSTRUCTION PROCESS, STOCKHOLM
DISTRICT
COURT APPROVED THE COMPOSITION PROPOSAL
* ALL CREDITORS WILL ADDITIONALLY RECEIVE 100% PAYMENT FOR THEIR DEBTS WITHIN FRAMEWORK OF
STIPULATED COMPOSITION
* DURING RESTRUCTURING PERIOD, PARTS OF BUSINESS WERE CLASSIFIED AS CORE BUSINESS,
* REMAINING PARTS OF NON-CORE BUSINESS WILL CONTINUE TO BE PROCESSED
* MOST OF BUSINESS CLASSIFIED AS A NON-CORE BUSINESS HAS BEEN DIVESTED
Source text for Eikon: ID:nWkr7H02rB
Further company coverage: STZEb.ST
(Gdansk Newsroom)
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