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Ercros SA ( (ES:ECR) ) has issued an update.
Esseco Industrial, S.P.A. has announced that the Competition Authority of Portugal will begin a second phase of analysis regarding its public offer to acquire all shares of Ercros, S.A. This step is crucial as obtaining authorization from the AdC is a condition for the effectiveness of the offer, which could impact the company’s market position and stakeholder interests.
More about Ercros SA
YTD Price Performance: -17.85%
Average Trading Volume: 45,738
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €268.8M
Learn more about ECR stock on TipRanks’ Stock Analysis page.