Edition:
United States

Adveo Group International SA (ADVGR.MC)

ADVGR.MC on Madrid SE C.A.T.S.

0.49EUR
13 Nov 2018
Change (% chg)

-- (--)
Prev Close
€0.49
Open
--
Day's High
--
Day's Low
--
Volume
--
Avg. Vol
--
52-wk High
€2.21
52-wk Low
€0.32

Latest Key Developments (Source: Significant Developments)

Adveo Group International And Adveo Global Services File For Liquidation
Monday, 15 Jul 2019 01:47pm EDT 

July 16 (Reuters) - Adveo Group Internacional ::SAID ON MONDAY ADVEO GROUP INTERNATIONAL SA AND ADVEO GLOBAL SERVICES SL HAD FILED FOR OPENING THE LIQUIDATION PHASE OF BOTH COMPANIES.  Full Article

Adveo Receives Binding Offer For Acquisition Of Adveo Italia
Tuesday, 4 Jun 2019 04:21am EDT 

June 4 (Reuters) - Adveo Group International SA ::RECEIVES BINDING OFFER FOR ACQUISITION OF ADVEO ITALIA.SAYS BINDING OFFER FOR ACQUISITION OF ADVEO ITALIA AT SHARES' PRICE: 1 EURO, ASSUMPTION OF WHOLE WORKFORCE.SAYS BINDING OFFER ALSO INCLUDES ACQUISITION OF NET FINANCIAL DEBT FOR ABOUT 7 MILLION EUROS.  Full Article

Adveo Italia To Request Opening Phase Of Liquidation
Monday, 13 May 2019 12:36pm EDT 

May 13 (Reuters) - Adveo Group International SA ::ADVEO ITALIA TO REQUEST OPENING PHASE OF LIQUIDATION OF ADVEO ITALIA COMPETITION.  Full Article

Adveo Says Sale Of Italian Unit To GDN Was Not Successful
Monday, 22 Apr 2019 12:15pm EDT 

April 23 (Reuters) - Adveo Group International SA ::SAID ON MONDAY NEGOTIATIONS WITH GDN S.P.A. GROUP CONCERNING SALE OF UNIT ADVEO ITALIA HAVE NOT BEEN SUCCESSFUL AND HAVE BEEN CLOSED.MAINTAINS NEGOTIATIONS WITH TWO OTHER INVESTOR GROUPS FOR SALE OF ADVEO ITALIA, SETTING DEADLINE OF END OF MONTH TO REACH A DEAL.SANDTON HAS EXTENDED TERM OF ITS OFFER FOR ADVEO'S PRODUCTION UNITS IN FRANCE AND BENELUX TO MAY 22 .  Full Article

Adveo Says Court Approves Regulatory Plans Proposed By Co, To Terminate Workforce Contracts
Tuesday, 16 Apr 2019 04:50am EDT 

April 16 (Reuters) - Adveo Group International SA ::SAYS COURT APPROVES REGULATORY PLANS PROPOSED BY CO IN RELATION TO REFINANCING PROCESS AND VOLUNTARY INSOLVENCY.SAYS CONTRACTS OF ENTIRE WORKFORCE OF ADVEO ESPANA, ADVEO GROUP INTERNACIONAL, ADVEO GLOBAL SERVICES AND CALIPAGE ESPANA WERE TERMINATED.  Full Article

Adveo FY Net Loss Widens To 183.6 Mln Euros
Monday, 1 Apr 2019 02:59pm EDT 

April 2 (Reuters) - ADVEO GROUP INTERNATIONAL SA ::SAID ON MONDAY FY NET LOSS 183.6 MILLION EUROS VS LOSS 23.4 MILLION EUROS YEAR AGO.FY NET SALES 343.5 MILLION EUROS VS 479.2 MILLION EUROS YEAR AGO.  Full Article

Adveo Receives Offers For Sale Of Its Assets In France, Belgium, Netherlands And Italy
Monday, 25 Feb 2019 12:56pm EST 

Feb 25 (Reuters) - Adveo Group International SA ::RECEIVES A NEW BINDING OFFER FOR PURCHASE OF CERTAIN ASSETS OWNED BY ADVEO FOR 5.5 MILLION EUROS.FINANCIAL DEBT WILL BE ACQUIRED BY SANDTON WHO WILL WAIVE POSSIBILITY TO CLAIM IT FROM CO'S OF ADVEO GROUP THAT ARE NOT ACQUIRED.FINANCIAL INSTITUTIONS WILL ACQUIRE, AS OF PAYMENT DATE, REAL ESTATE ASSETS OF ADVEO GROUP.SIGNS BRIDGING LOAN DEAL WITH SANDTON FOR UP TO 5 MILLION EUROS, WHICH WILL BE MADE AVAILABLE TO ADVEO IMMEDIATELY.RECEIVES A PURCHASE OFFER RELATING TO ASSETS OF ITS BUSINESS IN ITALY FROM GDN S.P.A FOR 3 MILLION EUROS.TO REQUEST CONCLUSION OF INSOLVENCY PROCEEDINGS OF ADVEO FRANCE S.A.S. AND OF ADVEO BELGIUM NV.  Full Article

Adveo Espana And Calipage Espana Request Court To Open Liquidation Phase
Wednesday, 16 Jan 2019 09:51am EST 

Jan 16 (Reuters) - Adveo Group International SA ::SAYS AT REQUEST OF INSOLVENCY ADMINISTRATION, UNITS ADVEO ESPAÑA AND CALIPAGE ESPAÑA REQUESTED COURT TO OPEN LIQUIDATION PHASE OF BOTH COMPANIES.  Full Article

Adveo Accepts Binding Offer From Sandton For Acquisition Of Certain Units
Wednesday, 2 Jan 2019 04:26pm EST 

Jan 3 (Reuters) - Adveo Group International SA ::SAID ON WEDNESDAY IT HAD RECEIVED AND ACCEPTED A BINDING OFFER FROM INVESTMENT FUNDS MANAGED BY SANDTON CAPITAL PARTNERS FOR THE ACQUISITION OF CERTAIN ASSETS AND UNITS OF ADVEO FOR BETWEEN 13.3 MILLION EUROS AND 15.5 MILLION EUROS.THE COMPANIES UNDER THE DEAL INCLUDE ADVEO FRANCE SAS, ADVEO ITALIA SPA, ADVEO BELGIUM NV AND ADVEO GLOBAL SERVICES SL.THE OFFER DOES NOT INCLUDE THE ACQUISITION OF STAKES IN ADVEO ESPANA, ADVEO DIGITAL SYSTEMS PORTUGAL, ADVEO DEUSTCHLAND OR ADVEO GROUP INTERNATIONAL .AFTER TRANSACTION, THE REMAINING FINANCIAL DEBT OF ABOUT 150 MILLION EUROS WILL BE TRANSFERRED TO SANDTON.TRANSACTION IS SUBJECT TO CERTAIN CONDITIONS.SANDTON TO PROVIDE ADVEO WITH 5.5 MILLION EURO UNDER A BRIDGE LOAN AGREEMENT.  Full Article

Adveo Deutschland Invokes Pre-Insolvency Protection
Friday, 9 Nov 2018 01:12pm EST 

Nov 12 (Reuters) - Adveo Group International SA ::SAID ON FRIDAY GROUP AFFILIATE IN GERMANY ADVEO DEUTSCHLAND GMBH INVOKED PRE-INSOLVENCY PROTECTION MECHANISM FORESEEN UNDER GERMAN LAW.AS A CONSEQUENCE, COMPANY CAN'T BE CLAIMED BY ITS CREDITORS DURING NEGOTIATIONS RELATED TO REFINANCING.ADOPTION OF PROTECTION MECHANISM, WHICH CAN LAST FOR UP TO THREE MONTHS, DOES NOT IMPLY ANY CHANGES IN CURRENT ACTIVITY OF COMPANY.COMPANY CONTINUES EXPLORING ALTERNATIVES FOR ITS REFINANCING.  Full Article

BRIEF-Adveo Group International And Adveo Global Services File For Liquidation

* SAID ON MONDAY ADVEO GROUP INTERNATIONAL SA AND ADVEO GLOBAL SERVICES SL HAD FILED FOR OPENING THE LIQUIDATION PHASE OF BOTH COMPANIES