MCS mcaleese limited
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News: MCS McAleese Ltd update on strategic process and voluntary suspension

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    18/04/16
    09:20
    Post #: 17527747

    April 17 (Reuters) - McAleese Ltd (MCS) :

    • Update on strategic process and voluntary suspension (MCS)
    • There remains no certainty that the strategic process will yield an outcome
    • Says positive progress has been made since the exclusivity period commenced
    • Says refers to its voluntary suspension from trading and recent announcements updating the market on its strategic process
    • Negotiations between the company, its financiers and a consortium led by Sc Lowy (Sc Lowy) are continuing
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