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MeglioQuesto Advances in Negotiated Composition with Creditors

Story Highlights
  • MeglioQuesto S.p.A. operates a phygital marketplace integrating physical and digital channels.
  • The company is finalizing agreements with creditors and evaluating financial maneuvers.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
MeglioQuesto Advances in Negotiated Composition with Creditors

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Meglioquesto S.P.A. ( (IT:MQSPA) ) has issued an update.

MeglioQuesto S.p.A. has announced the filing of a final report by Prof. Avv. Gianluca Mucciarone regarding the negotiated composition involving the company and its subsidiaries. The report indicates that a 60% adhesion threshold has been reached among creditors, excluding the Tax Authorities and Social Security and Welfare Entities, who have yet to respond. The company is working to finalize agreements with remaining creditors and evaluate procedural contexts for a financial maneuver, while awaiting responses to tax and contribution proposals.

More about Meglioquesto S.P.A.

MeglioQuesto S.p.A. is a phygital marketplace that offers services and products through an integrated platform combining physical and digital channels. Operating in Italy since 2011 and listed on the Euronext Growth Milan market since June 2021, the company collaborates with top-tier partners in the telecommunications, energy, financial, and insurance sectors.

Technical Sentiment Signal: Sell

Current Market Cap: €11.37M

For a thorough assessment of MQSPA stock, go to TipRanks’ Stock Analysis page.

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