Regional Court of Nuremberg-Fürth has lifted the enforcement of the interim injunction against Grammer AG
- The German Federal Cartel Office has also confirmed that the acquisition of Grammer shares by an associated company of Ningbo Jifeng is not subject to approval
- All obstacles to the issue of shares to the strategic partner have now been cleared
In a ruling issued today, the Regional Court of Nuremberg-Fürth has lifted the enforcement of the interim injunction that had been obtained by Prevent DEV GmbH against Grammer AG. Under this interim injunction, Grammer AG had been prohibited from granting shares under the mandatory convertible bond that had been issued on February 14, 2017.
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