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Groupe SEB: new increase in ownership of Supor

Publication date : 22/12/2015 17:45
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Groupe SEB announces that it has signed an agreement with Supor Group, the holding company of the Su family, to buy 50 million shares or 7.9% of the capital of Supor at the price of CNY 29 per share. This transaction follows the purchase of 10 million shares that was completed during the first half of 2015. Subject to the approval of the Chinese authorities, it should be finalized mid-2016.