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Buhler Sells 80 Percent of Polymetrix Shares

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By: Anthony Locicero

Copy Editor, New York Post, Rodman Media

Bühler said it successfully closed the sale of 80 percent of the Polymetrix shares to Sanlian Hope as of March 22, 2018. The Bühler Group remains a minority shareholder with 20 percent of the Polymetrix shares.

On November 10, 2017, Sanlian Hope signed a share purchase agreement for 80 percent of the Polymetrix shares with the Bühler Group. After approval by the Chinese state and Chinese stock exchange regulations, the closing of the sale was successfully completed as per March 22, 2018. The direct buyer is Sanlian Material Science S.à.r.l. in Luxembourg, a subsidiary of Sanlian Hope. With its 20 percent ownership, the Bühler Group is now a minority shareholder of Polymetrix and remains represented on the board.
 

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