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Alkegen has completed a tender offer to obtain a controlling ownership interest in Luyang Energy-Saving Materials Co., Ltd., a Chinese producer of ceramic fibers and high-temperature insulating materials.
“Alkegen announced today that it has successfully completed a tender offering resulting in Alkegen obtaining a controlling ownership interest in Luyang Energy-Saving Materials Co. Ltd.”nonwovens-industry.com
Summarized from public sources; check the original articles before acting on it.