Neste secures a 51% stake in Krems Chemie

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The Finnish group Neste Oy, Espoo, reported that it had secured for itself a majority stake of 51% in Krems Chemie AG, Krems, Lower Austria, by way of contract. Neste's purchase offer had been increased from Sch650 to Sch720 and had thus been as high as that of its Norwegian competitor Dyno. Neste's offer was said to ...

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