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Palladio Finanziaria confirms Cimos deal is off

Ljubljana/Koper, 27 February - TCH Cogeme, the subsidiary of Italian fund Palladio Finanziaria that planned to acquire Slovenian car industry supplier Cimos, reiterated on Monday that the failure to meet suspensive conditions by 31 January had automatically rendered the purchase agreement invalid.

Koper
Car industry supplier Cimos.
Photo: Hina/STA

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© STA, 2017