Brief: Possible Liquidation Of Rush Factory's German Unit Is Being Investigated

Sunborn International Oyj

27/08/2024 08:10

Aug 27 (Reuters) - Rush Factory Oyj  RUSHF.HE :
    * RUSH FACTORY'S GERMAN SUBSIDIARY WILL HAVE TO POSTPONE AT
LEAST
VIENNA AND BERLIN EVENTS AFTER A 120-DAY DELAY IMPOSED BY THE
PAYMENT INTERMEDIARY
    * SUBSIDIARY CURRENTLY DOES NOT HAVE THE FINANCIAL RESOURCES
TO
ORGANISE EVENTS DUE TO THE DECISION OF THE PAYMENT INTERMEDIARY,
THE COMPANY IS EXPLORING OTHER POSSIBLE FINANCING OPTIONS
    * POSSIBLE LIQUIDATION OF THE SUBSIDIARY IS CURRENTLY BEING
EXAMINED WITH LOCAL EXPERTS

Source text for Eikon:  ID:nGNE6NCb6T 
Further company coverage:  RUSHF.HE 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com;))