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Inoc, S.A. Advances Acquisition of Grupo Catalana Occidente

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Inoc, S.A. Advances Acquisition of Grupo Catalana Occidente

Elevate Your Investing Strategy:

The latest announcement is out from Grupo Catalana Occidente ( (ES:GCO) ).

Inoc, S.A. has announced that its general shareholders’ meeting approved the terms and conditions of its voluntary public offer to acquire all shares of Grupo Catalana Occidente, S.A. The approval includes the delegation to the board of directors to execute the capital increase and issue new class B shares to meet the offer’s consideration, marking a significant step in the acquisition process.

More about Grupo Catalana Occidente

YTD Price Performance: 35.84%

Average Trading Volume: 80,544

Technical Sentiment Signal: Sell

Current Market Cap: €5.78B

See more insights into GCO stock on TipRanks’ Stock Analysis page.

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