Solocal’s shareholders have approved the debt restructuring plan at the 15 December Extraordinary Shareholders’ meeting, thus avoiding the group’s insolvency. The hearing at the Commercial Court of Nanterre scheduled today, 16 December, is likely to validate the refinancing. Trading of the shares is expected to resume on the morning of Monday, 19 December.
19 Dec 2016
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Solocal Group (LOCAL:PAR) | 0 0 0.7% | Mkt Cap: 635.9m
- Published:
19 Dec 2016 -
Author:
Véronique Cabioc'h -
Pages:
3
Solocal’s shareholders have approved the debt restructuring plan at the 15 December Extraordinary Shareholders’ meeting, thus avoiding the group’s insolvency. The hearing at the Commercial Court of Nanterre scheduled today, 16 December, is likely to validate the refinancing. Trading of the shares is expected to resume on the morning of Monday, 19 December.