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Recticel divests bedding activities to Aquinos

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Published in issue 49/2021
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Belgian Recticel Group (Brussels) has reached an agreement with Portuguese Aquinos S.A. (Aquinos Group), Sinde, to sell its mattress and bedding business - consolidated in the bedding business division - for €122.4m. Per the agreement, Aquinos will assume €17.9m in liabilities according to IFRS 16. Bedding ...

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