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VAO - Vapiano SE News Story

€0.36 -0.0  -11.6%

Last Trade - 11:48am

Sector
Consumer Cyclicals
Size
Micro Cap
Market Cap £9.59m
Enterprise Value £392.0m
Revenue £357.6m
Position in Universe 936th / 1038

BRIEF-Creditors' Committee Approves Offer For Vapiano's Subsidiaries

Wed 20th May, 2020 7:17am
May 20 (Reuters) - Vapiano SE  VAO.DE :
    * SAID ON TUESDAY: CONSENT OF THE CREDITORS' COMMITTEE TO AN IRREVOCABLE OFFER TO ACQUIRE
VAPIANO'S SUBSIDIARIES IN FRANCE AND LUXEMBOURG
    * VAPIANO SE IS EXPECTED TO EXECUTE THE TRANSACTION IN JUNE 2020
    * SALES PROCESS FOR THE REMAINING WORLDWIDE BUSINESS OF THE VAPIANO CORPORATE AND JOINT
VENTURE
PARTICIPATIONS IS EXPECTED TO BE COMPLETED BY THE END OF MAY 2020

Source text for Eikon:  ID:nEQ1sH70ba 
Further company coverage:  VAO.DE 

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