May 4, 2020 / 2:12 PM / 22 days ago

BRIEF-Braster Says Court Opens Accelerated Arrangement Proceedings

May 4 (Reuters) - Braster SA:

* SAYS COURT OPENS ACCELERATED ARRANGEMENT PROCEEDINGS

* AIM OF PROCEEDINGS IS TO AVOID CO’S BANKRUPTCY DECLARATION BY ALLOWING CO TO RESTRUCTURE VIA ARRANGEMENTS WITH CREDITORS Source text for Eikon: Further company coverage: (Gdansk Newsroom)

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