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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