Retelit -

Procedure for the liquidation of Retelit USA LLC completed

24 January 2017 - 12:33Price sensitive | Press releases

Retelit SpA announces that it has completed the procedures for the liquidation and final closure of its non-operating company wholly owned Retelit USA LLC, as determined by the Board of Directors on April 20, 2015 and announced to the market on the same date.

The Board of Directors had evaluated that Retelit USA LLC was no longer part of the strategic development of the Group, and also in view of the fact that since its establishment (June 13, 2014) it had not developed any commercial transaction or concluded contracts.
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