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Does Groupe SEB intend to increase its equity investment in Supor?

April 26, 2017equity groupe increase intend Investment seb supor

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Does Groupe SEB intend to increase its equity investment in Supor?

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If we did, Chinese law would require us to launch a public tender offer for all Supor shares, which we will not do since there is a lock-up on certains shares until mid-2010 and we’ve made a commitment to the authorities to keep Supor listed.