The company previously announced a plan to restructure its operations to move to a wholesale distribution model and minimize its operational costs in Belgium, the Netherlands, France, Germany, Italy, Spain, Switzerland and the United Kingdom. The implementation of the restructuring plan impacts approximately 500 employees in total and the company expects to complete the restructuring as planned in 2012. In Q4, no restructuring or repurposing costs were recorded.
European stocks rose for a third straight session on Monday and the euro bounced back from two-year lows, as Greek …
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