Loewe AG: Business description, financial summary, 3yr and interim financials, key statistics/ratios and historical ratio analysis.
Provider: Reuters Investment Profile
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Loewe AG Announces Transition of Protective Proceedings into Self-Administration Insolvency Process
Loewe AG announced that the protective proceedings for Loewe AG and Loewe Opta GmbH have transitioned seamlessly into a self-administration insolvency process. The Coburg insolvency court approved on October 1, 2013 a request on this matter from Loewe's management and confirmed self-administration. The business will remain fully operational beyond October 1, 2013. The restructuring process initiated by the Executive Board will also continue as before, focusing entirely on concluding the meetings with investors.
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