The corporate reorganisations in RNB Retail and Brands AB (publ) subsidiaries Departments & Stores Europe AB, Polarn O. Pyret AB and Brothers AB are allowed to continue until 23 December 2020.
Stockholm District Court has today decided that the corporate reorganisations may continue for another three months, i.e. until 23 December 2020.
Stockholm District Court decided on 23 September 2020 on negotiations on a public composition agreement (composition negotiations). Guarantee meetings during the composition proceedings for the three companies will be held on October 16, 2020.
For more details on the corporate reorganization please visit: www.rnb.se/en/Reorganisation/