In a late statement, FPN has announced its FY 19 earnings. Negotiations are still ongoing with potential buyers of the plot the company owns in Le Blanc-Mesnil (northern Paris suburb). The legal disputes are gradually being resolved although the main proceedings remain outstanding. The reference shareholder (FIPP, Duménil Group) has announced that it will provide operational financing until December 2020.
05 Aug 2020
Reference shareholder will ensure FY 20 liquidity
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Reference shareholder will ensure FY 20 liquidity
In a late statement, FPN has announced its FY 19 earnings. Negotiations are still ongoing with potential buyers of the plot the company owns in Le Blanc-Mesnil (northern Paris suburb). The legal disputes are gradually being resolved although the main proceedings remain outstanding. The reference shareholder (FIPP, Duménil Group) has announced that it will provide operational financing until December 2020.