Edition:
United Kingdom

Senvion Says It Reaches Agreement With Lenders


Tuesday, 30 Jul 2019 

July 30 (Reuters) - SENVION SA ::ANNOUNCES AGREEMENT WITH ITS LENDERS AS IT CONTINUES ITS ACCELERATED M&A PROCESS.DISCUSSIONS WITH POTENTIAL BIDDERS ARE AT AN ADVANCED STAGE.MANAGEMENT TO MEET WITH EMPLOYEES' REPRESENTATIVES TO BEGIN NEGOTIATIONS REGARDING SOCIAL PLANS AND BALANCE OF INTEREST SCHEMES FOR ALL BUSINESS AREAS OR SUBSTANTIAL PARTS OF IT IF AN INVESTOR CANNOT BE FOUND IN TIME.