Report
Klaus Ringel ...
  • Michael Foundoukidis

LEONI AG : The die is cast – Leoni’s shares to be delisted soon

>Leoni’s restructuring plan becomes legally binding - The Regional Court of Nuremberg-Fürth dismissed all immediate appeals filed against the Restructuring Court of Nuremberg’s decision to confirm the plan. As a result, LEONI AG's restructuring plan is now legally binding. As already communicated, the restructuring court in Nuremberg had confirmed the restructuring plan on 21 June 2023 after it had been approved with the required majorities at a dedicated meeting on 3...
Underlying
LEONI AG

Leoni AG acts as the holding company, engaged in providing wires, optical fibers, cables and cable systems as well as related services for applications in the automotive sector and other industries. Co.'s business comprised of two divisions: Wire & Cable Solutions (WCS), which develops, produces and assembles wires and strands, optical fibers, standard and special cables, hybrid and optical cables as well as complete cable systems for a variety of industrial applications; Wiring Systems Division (WSD), which develops, produces and sells cable harnesses, complete wiring systems as well as related components for the global car, commercial vehicle and supply industry.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Klaus Ringel

Michael Foundoukidis

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