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CMG Cleantech S.A. has agreed to acquire 100% of Enercon Asia Pte. Ltd., a Singapore-based clean energy solutions company, for approximately USD 70 million, to be satisfied through issuance of CMG shares.
“CMG CleanTech S.A. (“CMG”) has announced that it has agreed terms for the acquisition of 100% of the issued share capital of Enercon Asia Pte. Ltd.”live.euronext.com
Summarized from public sources; check the original articles before acting on it.