December 19, 2017 / 8:12 AM / 6 months ago

BRIEF-Norske Skogindustrier Decides To File For Bankruptcy

Dec 19 (Reuters) - Norske Skogindustrier Asa:

* - DECISION TO FILE FOR BANKRUPTCY

* ‍DECIDED TO FILE FOR BANKRUPTCY AT OSLO SKIFTERETT (OSLO BANKRUPTCY COURT) TODAY, TUESDAY 19 DECEMBER 2017.​

* NORSKE SKOGINDUSTRIER - BOARD’S DECISION UNANIMOUS AND DUE TO FACT THERE IS NO LONGER A REALISTIC OPPORTUNITY TO ACHIEVE A VOLUNTARY RECAPITALIZATION

* ‍NON-LISTED NORSKE SKOG AS WILL BE NEW OPERATING PARENT COMPANY OF NORSKE SKOG GROUP​ Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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