Brief: IBSM to negotiate liability reduction with major shareholder

Wise Finance SA

05/11/2015 15:55

Nov 5 (Reuters) - IBSM SA  IBSP.WA : 
    * To negotiate with its major shareholder, the Cyprus-based 
Righteight Holdings Limited, liability reduction in exchange for 
stake either in IBSM or its unit 
    * The liability is related to the sale of the Russia-based 
OOO Svetly Dali shares, the transaction took place on Dec. 31, 
2010 
 
     
Source text for Eikon:  ID:nEM0508865  
     
Further company coverage:  IBSP.WA  
 
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