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Fibrant Holding BV announced the proposed sale of Fibrant BV and 60% of Fibrant China to Highsun Holdings Group Ltd. DSM, which indirectly owns 35% of Fibrant BV, expects to receive about €200 million from the transaction, expected to close in Q3 2018.
“It is estimated that DSM will receive about €200 million in cash following the closing of the transaction with Highsun Holdings Group Ltd.”prnewswire.com
Summarized from public sources; check the original articles before acting on it.