BRIEF-Net 1 UEPS Technologies Sees Non-Cash Fair Value Write-Down Of Cell C Investment As Of June 30

  • Reuters
  • Stock Market News
BRIEF-Net 1 UEPS Technologies Sees Non-Cash Fair Value Write-Down Of Cell C Investment As Of June 30

Sept 19 (Reuters) - Net 1 UEPS Technologies Inc UEPS.O :

* NET1 TO RECORD NON-CASH FAIR VALUE WRITE-DOWN OF CELL C INVESTMENT AS OF JUNE 30, 2019

* BELIEVES THAT FAIR VALUE OF CELL C AT JUNE 30, 2019 IS NIL ($0)

* CELL C IS CURRENTLY ENGAGED IN A COMPREHENSIVE RESTRUCTURING PLAN WITH ITS STAKEHOLDERS AND NET1 REMAINS FULLY SUPPORTIVE OF THIS PROCESS

Drop an image here or Supported formats: *.jpg, *.png, *.gif up to 5mb

Error: File type not supported

Drop an image here or

100