Jan 6 (Reuters) - Colt CZ Group SE CZG.PR:
COLT CZ GROUP SE ANNOUNCES CLOSING OF ACQUISITION OF SYNTHESIA NITROCELLULOSE
COLT CZ ACQUIRED 51% STAKE IN BOTH SYNTHESIA NITROCELLULOSE AND SYNTHESIA POWER FOR COMBINATION OF CASH CONSIDERATION IN AMOUNT OF CZK 5.5 BILLION AND NEW ISSUE OF 6,174,214 PIECES OF COLT CZ COMMON SHARES AT ISSUE PRICE OF CZK 732 PER SHARE
COLT CZ: ACQUISITION PRICE EQUALS CZK 10.0 BILLION IN TOTAL, AFTER DEDUCTION OF NET DEBT
COLT CZ: SELLING COMPANY KAPRAIN CHEMICAL LIMITED GAINED A 9.86% STAKE IN SHARE CAPITAL OF COLT CZ GROUP AND HAS BECOME THIRD LARGEST SHAREHOLDER OF COLT CZ
Source text: [ID:]
Further company coverage: CZG.PR
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