Ercros SA (ES:ECR) has released an update.
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Esseco Industrial, S.p.A. has announced its intention to launch a voluntary and competitive public takeover bid for all shares of Ercros, S.A., subject to authorization from the National Securities Market Commission. The offer details will be disclosed in an explanatory brochure pending the Commission’s approval. Esseco Industrial, under the control of San Martino, S.p.A., is part of an industrial group that provides a range of chemical products across various sectors.
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