Reuters logo
8 months ago
BRIEF-Lydall to record about $3.5 mln expense in quarter ending Dec 31
December 12, 2016 / 1:33 PM / 8 months ago

BRIEF-Lydall to record about $3.5 mln expense in quarter ending Dec 31

Dec 12 (Reuters) - Lydall Inc

* Agreed with german cartel office to pay one-time amount of approximately euro 3.3 million to definitively conclude this matter

* Lydall inc - anticipates entering into a formal settlement agreement with german cartel office in early 2017

* Lydall inc - will record expense of about $3.5 million during quarter ending dec 31, expects to make 1-time payment in quarter ending march 31, 2017-sec filing Source text for Eikon: Further company coverage:

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below