January 15, 2020 / 7:25 AM / a month ago

BRIEF-Orey Antunes Says To Dissolve And Liquidate Unit Orey Financial

Jan 15 (Reuters) - Sociedade Comercial Orey Antunes SA :

* SAID ON TUESDAY RECEIVES FROM EUROPEAN CENTRAL BANK FINAL DECISION TO REVOKE AUTHORISATION OF UNIT OREY FINANCIAL TO EXERCISE THE ACTIVITY OF CREDIT FINANCIAL INSTITUTION

* SAID EUROPEAN CENTRAL BANK DECISION ENTAILS THE DISSOLUTION AND LIQUIDATION OF THE UNIT

* SAID EUROPEAN CENTRAL BANK DECISION ALLOWS THE COMPANY TO FINALISE ITS STRATEGY OF EXITING THE FINANCIAL SECTOR

Source text: bit.ly/2QXLk6t

Further company coverage:

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