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Esseco Industrial Advances in Ercros Acquisition Process

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Esseco Industrial Advances in Ercros Acquisition Process

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An announcement from Ercros SA ( (ES:ECR) ) is now available.

Esseco Industrial, S.p.A. has announced the initiation of the second phase of economic concentration analysis by the National Commission of Markets and Competition for its voluntary offer to acquire Ercros, S.A. shares. This development is crucial as it determines the effectiveness of the acquisition offer, impacting Ercros’s market position and stakeholders’ interests.

More about Ercros SA

Ercros SA operates in the chemical industry, specializing in the production of a wide range of chemical products. The company focuses on manufacturing and distributing basic and specialty chemicals, with a significant presence in international markets.

YTD Price Performance: -1.22%

Average Trading Volume: 95,147

Technical Sentiment Consensus Rating: Sell

Current Market Cap: €310.4M

Learn more about ECR stock on TipRanks’ Stock Analysis page.

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