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The latest announcement is out from Cavotec SA ( (SE:CCC) ).
Cavotec Group AB (CGAB) has successfully completed its share exchange offer to acquire Cavotec SA (CSA), with 96.81% of CSA shareholders accepting the offer. This acquisition facilitates CGAB’s strategic move to change its domicile from Switzerland to Sweden, and it plans to delist CSA from Nasdaq Stockholm and initiate a merger with a newly established Swiss entity to consolidate its operations.
More about Cavotec SA
Cavotec SA operates in the engineering industry, focusing on providing innovative connection and electrification solutions to various sectors, including ports, airports, and industrial applications. The company is known for its advanced systems that enhance operational efficiency and sustainability.
Average Trading Volume: 22,883
Current Market Cap: SEK1.89B
See more data about CCC stock on TipRanks’ Stock Analysis page.