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BRIEF-Sintesi gets deadline for filing of composition with creditors postponed to Dec. 4
November 7, 2016 / 11:08 AM / 9 months ago

BRIEF-Sintesi gets deadline for filing of composition with creditors postponed to Dec. 4

Nov 7 (Reuters) - Sintesi Societa di Investimenti e Partecipazioni SpA

* Said on Sunday that the court in Milan approved to postpone the deadline for the filing of Sintesi's composition with creditors to Dec. 4

* Accepted the binding offer of V11 Srl related to the subscription to a capital increase of up 225,000 euros ($248,940.00) via the issue of up to 75.0 million no-par value shares

* Sees composition with creditors to be approved and finalised by the end of the next fiscal year

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