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Recticel sees Greiner offer of €13.50 per share as too low

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Published in issue 23/2021
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The board of directors of Belgian foam manufacturer Recticel S.A. (Brussels) considers the voluntary takeover bid of Austrian Greiner AG (Kremsmünster) as too low. Greiner recently announced its plans to acquire the 27.03% share in Recticel - currently held by investment company Compagnie du Bois Sauvage S.A. ...

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