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Monbat plans Tunisian lead-acid stake

Tue, 08/22/2017 - 09:57 -- News Editor
Monbat plans Tunisian lead-acid stake

Bulgarian lead-acid battery manufacturer Monbat is set to buy a majority stake in Tunisian lead-acid batteries business Assad.

Sofia-based Monbat said in an announcement to the Bulgarian Stock Exchange it had signed a letter of intent with Assad’s main shareholders but gave no other details.

 

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