Pfleiderer AG
Pfleiderer AG: Restructuring of Pfleiderer according to plan – insolvency proceedings opened for Pfleiderer AG
Pfleiderer AG / Key word(s): Insolvency
Restructuring of Pfleiderer according to plan – Dusseldorf, April 17, 2012 – The insolvency court in Dusseldorf has today opened insolvency proceedings for Pfleiderer AG (ISIN DE0006764749) and ordered personal management or debtor in possession as expected. A respective request was filed by the Executive Board on March 28, 2012. Lawyer Horst Piepenburg who acted as a preliminary custodian until now was appointed as the custodian. The opening marks an important milestone as it will allow to restructure the Pfleiderer Group by way of an insolvency process. The Executive Board will now consequently pursue the path and develop an insolvency plan which will form the basis for a reduction of debt and recapitalisation of the company.
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Fax: +49 (0) 211 929 638 22 E-mail: lothar.sindel@pfleiderer.com End of Corporate News 17.04.2012 Dissemination of a Corporate News, transmitted by DGAP – a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. DGAP’s Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de |
Language: | English | |
Company: | Pfleiderer AG | |
Kennedydamm 55 | ||
40476 Düsseldorf | ||
Germany | ||
Phone: | +49 (0) 211 929 638 20 | |
Fax: | +49 (0) 211 929 638 22 | |
E-mail: | lothar.sindel@pfleiderer.com | |
Internet: | www.pfleiderer.com | |
ISIN: | DE0006764749 | |
WKN: | 676474 | |
Listed: | Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, Hamburg, München, Stuttgart | |
End of News | DGAP News-Service |
165348 17.04.2012 |