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Draka Holding N.V.

Draka Holding N.V.

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Publicatie datum 17 dec 2010 - 08:37
Statutaire naam Draka Holding N.V.
Titel Further update on discussions with Xinmao
Bericht Over the last weeks Draka Holding N.V. ("Draka") has facilitated Tianjin Xinmao S&T Investment Corp. Ltd. ("Xinmao") in its due diligence investigation by providing access to a data room as well as access to Draka's management and its advisors. During the last two days there have been further discussions with Xinmao's Chairman and CEO, including a site visit to one of Draka's production facilities. These discussions have focussed on the finalisation of Xinmao's due diligence as the data room will be closed by the end of this week. Furthermore, Xinmao has provided an update on the status of its proposal.