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CBL Ireland ‘in distressed financial position’

Regulator seeks to appoint administrators to European subsidiary.  

Tim Hunter
Tue, 27 Feb 2018

CBL [NZX:CBL] will not be releasing its full-year results as scheduled today, says administrator Brendon Gibson, as the Central Bank of Ireland moved to place CBL’s European subsidiary in administration.

The insurer had been due to report on its results for the year to December this morning but

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Tim Hunter
Tue, 27 Feb 2018
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CBL Ireland ‘in distressed financial position’
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