Announced

Komax to acquire wire processing business unit of Metall Zug for $393m.

Synopsis

Komax, a globally active technology group, agreed to acquire wire processing business unit of Metall Zug, a Swiss industrial holding company, $393m. The transaction will be carried out through a 'quasi-merger' in which Komax Holding will issue new shares in the course of a capital increase and allocate these to Metall Zug in exchange for the shares of wire processing business unit.

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