(Reuters) - Hines said it had misstated inventory, costs of goods sold and distribution costs for 2004 and misstated inventory and costs of goods sold for 2005 and the first three quarters of 2006.
Hines has obtained a waiver from its lenders for delaying its results for the year ended Dec. 31, 2006, and related defaults, Chief Financial Officer Claudia Pieropan said in a statement.
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