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Announced

InvestIndustrial to acquire an additional 24.2% stake in Guala Closures for €133m.

Synopsis

InvestIndustrial agreed to acquire an additional 24.2% stake in Guala Closures, a producer of non-refillable and aluminium beverage closure, for €133m ($162m). On completion of the acquisitions, Investindustrial stated that it would launch a full takeover offer for the group at €8.2 per share, a 26.6% premium on the average price over the past six months.

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