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Colt CZ Group SE announced it will acquire a 51% stake in Synthesia Nitrocellulose for a total transaction price of CZK 22 billion, with the remaining 49% to follow under agreed terms. The price will be paid through a combination of cash and new common shares representing approximately 40% of the purchase price.
“Colt CZ Group SE C CZG: - COLT CZ GROUP AND KAPRAIN ENTER A STRATEGIC PARTNERSHIP IN THE PRODUCTION OF NITROCELLULOSE - STATEMENT”tradingview.com
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