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Recticel divests Eurofoam joint venture and automotive interiors division
Recticel announced that it has completed the divestment of its 50% stake in the Eurofoam Flexible Foams joint venture, and the two-step divestment of its automotive interiors division. The net cash proceeds from both transactions’ amounts to about EUR 210 million. In April 2020, Recticel reached a binding agreement w....
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