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Andritz to acquire 50% stake in Modul Systeme

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Published in issue 30/2010
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Andritz AG is poised to acquire a 50% stake in Modul Systeme Engineering AG. The purchase price was not disclosed. Under the terms of the deal, which was signed on 12 May 2010, the Swiss investment firm Wama AG will part ways with most of its 51.6% stake in the company, retaining just 1.6% going forward. The remaining ...

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