November 3, 2015 / 12:32 PM / 2 years ago

BRIEF-Michelin to book 280 mln eur impairment for UK, Germany, Italy reorganisation

Nov 3 (Reuters) - Michelin

* Michelin reorganises its activities in United Kingdom, Italy, and Germany

* Pneu Laurent site in Germany will be closed in 2016

* To finance these projects of reorganisation, Michelin will recognize a non-recurring impairment loss of around 280 million euros in 2015 Source text for Eikon: Further company coverage: (Reporting by Paris Newsroom)

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