DGAP-Ad-hoc: euromicron AG / Key word(s): Disposal Neu- Isenburg, December 28, 2019 - After opening of the insolvency proceedings on December 23, 2019 the committee of creditors of euromicron AG (WKN A1K030) has approved the sale of all domestic and international subsidiary companies to the Gustav Zech Foundation. The contracts shall be executed shortly after successful clearance by the cartel authorities. The Gustav Zech Foundation will be financing the operating business of all subsidiary companies of euromicron AG. It was agreed to remain silent about the purchase price. In all probability, the proceeds will not be sufficient for a complete settlement of all insolvency claims. Communicating person: Press contact euromicron AG:
28-Dec-2019 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
944223 28-Dec-2019 CET/CEST