BRIEF-Maxiparts Reaches Binding Settlement Agreement With Freighter Group Pty

Reuters

2024-11-19

Nov 19 (Reuters) - Maxiparts Ltd :

* HAS REACHED A BINDING SETTLEMENT AGREEMENT WITH FREIGHTER GROUP PTY LTD

* AGREEMENT FINALISES ALL LEGAL DISPUTES BETWEEN PARTIES RELATING TO SALE OF TRAILER SOLUTIONS BUSINESS THAT OCCURRED IN 2021

* SETTLEMENT AGREEMENT RESULTING IN A$2.2M CASH TO BE RECEIVED BY MAXIPARTS BY 18TH DECEMBER

Further company coverage:

((Reuters.Briefs@thomsonreuters.com;))

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