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RN Risanamento

0.0261
-0.0048 (-15.53%)
Last Updated: 11:58:50
Delayed by 15 minutes
Share Name Share Symbol Market Type
Risanamento BIT:RN Italy Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.0048 -15.53% 0.0261 0.0257 0.0261 0.0299 0.0248 0.0285 29,052,203 11:58:50

Risanamento To Postpone Board Meeting On 1st Half; To Meet By Tuesday

28/08/2009 10:43am

Dow Jones News


Risanamento (BIT:RN)
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Italian real estate developer Risanamento SpA (RN.MI) Friday said it postponed its board meeting to approve first-half results as it first seeks to agree on a plan to save the company from bankruptcy.

In a statement, Risanamento said the board meeting on first-half results will take place by Tuesday. The meeting was expected today.

In July, Risanamento's advisors started to work on a new restructuring plan to be submitted to a Milan judge by Sept. 1 in order to avoid bankruptcy.

Creditor banks of the Milan-based company include- Intesa Sanpaolo SpA (ISP.MI), UniCredit SpA (UCG.MI), Banco Popolare SC (BP.MI) and Banca Popolare di Milano (PMI.MI).

Company Web site: http://www.risanamentospa.it

-By Liam Moloney, Dow Jones Newswires; +39 06 6976 6924; liam.moloney@dowjones.com

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Visit http://djnweurope.ar.wilink.com/?ticker=IT0000072618 or call +44 (0)208 391 6028

 
 

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