October 26, 2018 / 2:12 PM / 23 days ago

BRIEF-Axelero Files Precautionary Protection From Creditors To Court

Oct 26 (Reuters) - Axelero SpA:

* SAID ON THURSDAY BOARD HAD FILED A REQUEST FOR PRECAUTIONARY PROTECTION FROM CREDITORS

* AS A CONSEQUENCE, THE COMPANY WITHDRAWS ITS FY 2017 INCOME STATEMENT APPROVED ON OCT. 2

* DECISION FOLLOWS THREE FORECLOSURES FOR A TOTAL OF EUR 247,062 WHICH MADE THE CASH FOR THE ONGOING DEBT RESTRUCTURING UNAVAILABLE

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Further company coverage: (Gdynia Newsroom)

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