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BRIEF-Kindy placed with two of its units in receivership prior to entering into safeguarding proceedings
April 26, 2017 / 7:45 AM / 5 months ago

BRIEF-Kindy placed with two of its units in receivership prior to entering into safeguarding proceedings

April 26 (Reuters) - Kindy SA:

* Placed with two of its units in receivership prior to entering into safeguarding proceedings

* Judicial liquidation of the subsidiaries the Socks Legende and Apollo

* Orientation towards a plan of sale of its assets

* Confirms that seloff plan does not allow to cover all liabilities

* Says examination of takeover bids by the Commercial Court of Beauvais on May 30, 2017 Source text: bit.ly/2p38pqp Further company coverage: (Gdynia Newsroom)

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