December 10, 2017 / 7:31 PM / 2 years ago

BRIEF-Steinhoff says ‍Moelis & Company, Alixpartners Appointed As Independent Financial Advisor And Operational Advisor

Dec 10 (Reuters) - Steinhoff:

* ‍MOELIS & COMPANY AND ALIXPARTNERS HAVE BEEN APPOINTED AS INDEPENDENT FINANCIAL ADVISOR AND OPERATIONAL ADVISOR RESPECTIVELY WITH IMMEDIATE EFFECT​

* ‍MOELIS WILL SUPPORT AND ADVISE ON GROUP’S DISCUSSIONS WITH ITS LENDERS​

* ‍ALIXPARTNERS WILL ASSIST ON LIQUIDITY MANAGEMENT AND OPERATIONAL MEASURES​

* ‍FOCUSING ON SAFEGUARDING OPERATIONAL LIQUIDITY TO CONTINUE FUNDING EXISTING OPERATIONS THROUGHOUT VARIOUS SUBSIDIARIES​ Source text for Eikon: Further company coverage:

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