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Innelec Multimedia SA Announces Update on Split of Digital and Physical Distribution Businesses


Thursday, 25 Apr 2013 11:48am EDT 

Innelec Multimedia SA announced that its general shareholders' meeting of December 14, 2012 approved the split of the Company's physical and digital distribution businesses. The transfer of the digital business to the Company's subsidiary, Xandrie, has been carried out, however the second phase of the spin-off did not receive the agreement of the Ministry of Finances. The Company is currently considering several alternative solutions. 

Company Quote

5.82
-0.08 -1.36%
24 Oct 2014