Edition:
United Kingdom

Gerry Weber: Insolvency Proceedings Under Self-Administration Opened


Monday, 1 Apr 2019 

April 1 (Reuters) - GERRY WEBER INTERNATIONAL AG ::INSOLVENCY PROCEEDINGS UNDER SELF-ADMINISTRATION OPENED - CHANGE OF STOCK MARKET SEGMENT REQUESTED.LOCAL COURT BIELEFELD ORDERS SCHEDULED OPENING OF INSOLVENCY PROCEEDINGS UNDER SELF-ADMINISTRATION FOR GERRY WEBER INTERNATIONAL.ALL BUSINESS OPERATIONS CONTINUE WITHOUT LIMITATIONS.CONTINUED FINANCING OF OPERATIONS IS SAFEGUARDED WELL INTO YEAR 2020.MANAGING BOARD REMAINS IN OFFICE WITH ALL POWERS AND RESPONSIBILITIES WITHIN SELF-ADMINISTRATION PROCEEDINGS. 

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