Brief: Vintage Wine Estates Provides Update On Asset Sales
05/03/2024 21:17
March 5 (Reuters) - Vintage Wine Estates Inc VWE.O :
* VINTAGE WINE ESTATES PROVIDES UPDATE ON ASSET SALES AS
COMPANY
PROGRESSES TOWARDS STREAMLINED BUSINESS MODEL AND ANNOUNCES
FORBEARANCE AGREEMENT WITH LENDERS
* VINTAGE WINE ESTATES INC - PLANS TO REORGANIZE AND DISPOSE
OF
CERTAIN ASSETS THROUGH SALES WERE ACCEPTED BY ITS LENDER GROUP
* VINTAGE WINE ESTATES INC - MEASURABLE PROGRESS ON
MONETIZATION
OF NON-CORE PRODUCTION SERVICES AND STAND-ALONE DTC PLATFORMS TO
SUPPORT DEBT REDUCTION
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Further company coverage: VWE.O
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