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Stibbe assists Picanol in its acquisition of Tessenderlo Chemie

Stibbe assists Picanol in its acquisition of Tessenderlo Chemie

26.07.2013 BE law

Assisting Picanol Group in its acquisition of the French State’s 27.6% stake in Tessenderlo Chemie.

Picanol was looking to diversify its geographical spread of its activities. As a result of the acquisition Picanol became the reference shareholder of Tessenderlo, maintaining the latter’s decision centre in Belgium. 

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