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Recticel receives offer from Kingspan Group for insulation and flexible foams division

Recticel NV announced that it has received an unsolicited non-binding offer from Kingspan Group Plc to acquire Recticel’s insulation division and flexible foams division for an enterprise value of EUR 700 million. Kingspan has indicated that it has entered into a back-to-back agreement with a third party for the disp....

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