Agta Record : Sale of Agta Record to Assa Abloy sealed
>Assa Abloy holds 93% of the capital, a takeover bid to acquire the remaining shares at €70.58 per share to be launched shortly - Agta Finance partners announced yesterday they closed the sale of their 54% indirect stake in Agta Record to Assa Abloy, already a 39% shareholder in Agta Record. As a reminder, the European Commission cleared the deal in early August following agreements to sell certain Agta Record activities to the Italian group FAAC (European Commission...Agta Record is an automatic door systems manufacturing group based in Switzerland. Co. is primarily involved in the manufacturing, installation and maintenance of automatic door systems. Co.'s product range includes all types of sliding doors, telescopic, swing or folding as well as revolving doors. Additionally, Co. offers hygienic and air-tight doors, plus burglar and fire-resistant doors and break-out systems for the use in escape and rescue routes. Co. also manufactures telescopic, round and angled sliding doors, as well as burglar resistant models.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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