LAA latam autos limited
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News: LAA Latam Autos Says Undertaking Extensive Cost Reduction Program

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    07/04/20
    09:55
    Post #: 43920271

    April 7 (Reuters) - Latam Autos Ltd (LAA) :

    • LATAM AUTOS LTD - UNDERTAKING AN EXTENSIVE COST REDUCTION PROGRAM IN ORDER TO BE ABLE TO STREAMLINE ITS BUSINESS
    • LATAM AUTOS LTD - COST REDUCTIONS WILL CONTINUE INTO 2Q 2020
    • LATAM AUTOS LTD - CO IS IN DISCUSSIONS WITH PARTIES FOR POTENTIAL STRATEGIC PARTNERSHIPS, INCLUDING POTENTIAL SALE OF CERTAIN PARTS OF CO'S BUSINESS
    • LATAM AUTOS - IN DISCUSSIONS WITH AN ARGENTINIAN TAX AUTHORITY RELATING TO HISTORICAL MATTER CONCERNING ITS ARGENTINIAN UNIT
    • LATAM AUTOS - UNABLE TO DETERMINE AT THIS STAGE IF COVID-19 OUTBREAK WILL HAVE MATERIAL IMPACT TO OPERATIONS
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