December 18, 2019 / 3:44 PM / a month ago

BRIEF-Bel's Materne Fined EUR 13.6 Million By Competition Authority, Decides To Appeal

Dec 18 - BEL SA:

* FRANCE’S COMPETITION AUTHORITY RELEASED CARTEL RULING DECISION AGAINST SEVERAL COMPANIES

* MATERNE, AMONG THE COMPANIES NAMED, ISSUED A FINE TOTALING EUR 13,585,000

* MATERNE DISAGREES WITH THE RULING, HAS DECIDED TO APPEAL

* ALLOWANCE FOR FINANCIAL IMPACT OF RULING HAS BEEN MADE IN BEL GROUP’S CONSOLIDATED FINANCIAL STATEMENTS

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Further company coverage: (Gdansk Newsroom)

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