Integer with PLN 474 mln loss - preliminary results
21:56
WSE-listed postal operator Integer had a PLN 474.4 million net loss last year, according to the group's preliminary estimates. The company also delayed publishing the full financial report for the second time. The current date is set for April 25.
According to released estimates, the company has some PLN 371 million in short-term liabilities.
Back in February, Advent International private equity fund announced that it wants to buy all of the free float shares of Integer, representing a 70 percent stake in the company and delist it, but only if the tender goes through. If not, the company warned that it might even face bankruptcy. On Tuesday, Advent raised its offer to PLN 49 from PLN 41 per share.
