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Andritz to acquire a 50% stake in Modul Systeme

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Andritz AG, based in Graz, Austria, is poised to acquire a 50% stake in Modul Systeme Engineering AG, headquartered in Laufen, Germany. The purchase price was not disclosed. Under the terms of the deal, which was signed on 12 May 2010, the Swiss investment firm Wama AG of Glarus will part ways with most of its 51.6% ...

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