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URW Unibail-Rodamco-Westfield SE News Story

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Brief: Peab Acts To Receive Payment From URW

June 3 (Reuters) - Peab AB PEABb.ST:

AFTER SUCCESS IN SVEA COURT OF APPEAL: PEAB ACTS TO RECEIVE PAYMENT FROM URW

URW OBLIGED TO PAY PEAB AROUND SEK 1.6 BILLION

IN ORDER TO ENFORCE PEAB'S RIGHTS PEAB HAS THEREFORE FILED FOR BANKRUPTCY FOR URW'S WHOLLY OWNED SUBSIDIARY RODAMCO PROJECT AB

Source text: ID:nWkr42RghN

Further company coverage: [PEABb.ST]

 (Gdansk Newsroom)

 ((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))

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