Bank Approves the Entry Into the Company of the Italians of the Mfe
4 Articles
4 Articles
The Company's agreement with the Italian MFE, in which it is going to arrest 32,934% of the SIC's wife, was authorised by the banks.
"The Company has today received the confirmation by the relevant credit institutions that they will not exercise (and, where applicable, the withdrawal to the exercise of) any rights under their financing contracts concluded by the Company and/or its subsidiaries resulting from the conclusion of the Investment Agreement and the implementation of the acts provided for in it", read in a communication sent today to the Commission of the Market for …
A group owned by the Express and the SIC reported that it received "confirmation of non-execution or refusal of exercise of rights by the relevant banking institutions", under the investment agreement announced with the Media for Europe.
The Bank will change the funding terms for the group, one of the condi needs rice for the concreteization of the entry of the Italians from the MediaForEurope, the famous lia Berlusconi, into the capital of the company.
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