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SaltX Technology intends to acquire SunCool AB, paying with newly issued SaltX shares valued at about SEK 24 million, to merge resources and better address the Chinese market with partner Ningbo Shenggu Energy Conservation Co. Ltd.
“As SaltX now acquires SunCool we will achieve a more effective way to address the important Chinese market”saltxtechnology.com
Summarized from public sources; check the original articles before acting on it.