Edition:
United States

Adveo To File For Pre-Insolvency Proceedings


Thursday, 18 Oct 2018 12:09pm EDT 

Oct 18 (Reuters) - Adveo Group International SA ::TALKS BETWEEN ENTITIES HOLDING FINANCIAL DEBT OF ADVEO GROUP AND STAPLES SOLUTIONS NV HAVE BEEN TERMINATED WITHOUT AGREEMENT.BOARD AGREED TO FILE FOR PROTECTION MECHANISM FORESEEN IN ARTICLE 5BIS.THE DECISION ON PROTECTION MECHANISM WILL NOT IMPLY ANY CHANGE IN THE CURRENT ACTIVITY OF THE COMPANY.