January 16, 2020 / 8:04 AM / 2 days ago

BRIEF-Italian Antitrust Recalculates And Cuts Fine For IVS Italia From 2016

Jan 16 (Reuters) - IVS Group SA:

* SAID ON WEDNESDAY ITALIAN ANTITRUST HAD RECALCULATED AND REDUCED FINE FOR IVS ITALIA FROM 2016 BY ABOUT EUR 8.0 MLN PLUS INTEREST

* FINE REDUCTION TO BE CASHED IN IN 2020 RESULTS

* IVS GROUP AND IVS ITALIA ARE EVALUATING WHETHER TO ACCEPT FINE REDUCTION

* REMAINS FULLY CONVINCED OF CORRECTNESS OF ITS BEHAVIOUR

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Further company coverage: (Gdansk Newsroom)

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