Stockmann plc's corporate restructuring
Stockmann plc’s file for corporate restructuring was handed in to the District Court of Helsinki on 6 April 2020.
By a decision on 9 Febrary 2021, the Helsinki District Court has approved Stockmann plc’s restructuring programme, and the restructuring proceedings have ended. Attorney Jyrki Tähtinen was appointed supervisor of the restructuring programme. The restructuring programme is based on the continuation of Stockmann’s department store operations, the sale and lease-back of the department store properties located in Helsinki, Tallinn and Riga and the continuation of Lindex’s business operations as a fixed part of the Stockmann Group.
Stock exchange releases and documents published in connection with the corporate restructuring proceedings