March 17, 2020 / 5:03 PM / 24 days ago

BRIEF-Econocom International BV cancels Acquisition Of Econocom Group shares

March 17 (Reuters) - Econocom Group SE:

* CANCELLATION OF THE ACQUISITION OF ECONOCOM SHARES BY ECONOCOM INTERNATIONAL BV

* ECONOCOM INTERNATIONAL WAS UNABLE TO RAISE SUCH FINANCING WITHIN TIME LIMIT, DUE IN PARTICULAR TO DEVELOPMENTS IN RECENT DAYS IN CONNECTION WITH COVID-19

* IF CONDITIONS ARE MET AGAIN IN THE FUTURE, ECONOCOM INTERNATIONAL ENVISAGES THAT SUCH AN ACQUISITION COULD THEN BE MADE. Source text: bit.ly/2xDHCr9 Further company coverage: (Gdansk Newsroom)

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