Palladio Finanziaria confirms Cimos deal is off

Ljubljana/Koper, 27 February - TCH Cogeme, the subsidiary of Italian fund Palladio Finanziaria that planned to acquire Slovenian car industry supplier Cimos, reiterated on Monday that the failure to meet suspensive conditions by 31 January had automatically rendered the purchase agreement invalid.

Koper Car industry supplier Cimos. Photo: Hina/STA

Koper
Car industry supplier Cimos.
Photo: Hina/STA

The rest of this news item is available to subscribers.
The news item consists of 1.399 characters (without spaces) or 276 words words.

Buy the news item. Price: 2 tokens; on account: 0 tokens.

zm/gz/mab/ale/ale
© STA, 2017