DGAP-Adhoc: TOM TAILOR Holding SE: Principal Agreement on the Sale of Tom Tailor GmbH to Fosun
DGAP-Ad-hoc: TOM TAILOR Holding SE / Key word(s): Miscellaneous
TOM TAILOR Holding SE: Principal Agreement on the Sale of Tom Tailor GmbH to Fosun
09-Jul-2020 / 17:26 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
AD-HOC RELEASE
TOM TAILOR Holding SE: Principal Agreement on the Sale of Tom Tailor GmbH to Fosun
Hamburg, 9 July 2020. The preliminary creditors' committee of TOM TAILOR Holding SE today approved the key terms for a sale of Tom Tailor GmbH to affiliated companies of Fosun International Limited.
The opening of the final insolvency proceedings over the assets of TOM TAILOR Holding SE is expected to occur within the next week.
Notifying person: Marc Gorbauch, General Counsel
Contact for investors and media
TOM TAILOR Group
E-mail: communications@tom-tailor.com
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1090375 09-Jul-2020 CET/CEST