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The latest announcement is out from Rougier SA ( (FR:ALRGR) ).
Taranis has acquired a 35% minority stake in Rougier Afrique International, a move seen as beneficial for Rougier’s sustainable management goals. This strategic partnership aims to leverage the complementary expertise of both companies to enhance environmental and energy resilience in the Congo Basin, focusing on innovative carbon capture solutions and sustainable development, contributing to the region’s inclusive growth.
More about Rougier SA
Rougier S.A. is a leader in the responsible African timber industry, specializing in sustainable forest management and industrial transformation, with operations in Gabon and the Republic of Congo. The company is recognized for its commitment to certified responsible management and preservation of biodiversity. Taranis, owned by the Perenco group, is an investment and asset management company involved in improving energy access in Africa through renewable energy projects and carbon sequestration initiatives.
YTD Price Performance: 11.81%
Average Trading Volume: 418
Technical Sentiment Consensus Rating: Hold
Current Market Cap: €17.43M
For detailed information about ALRGR stock, go to TipRanks’ Stock Analysis page.