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Schweizer Electronic AG Strengthens Capital Base Through Strategic Asset Sales – citybuzz
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Schweizer Electronic AG Strengthens Capital Base Through Strategic Asset Sales – citybuzz
Schweizer Electronic AG is strengthening its capital structure through the sale of 15% of its shares in Schweizer Electronic (Jiangsu) Co., Ltd. to WUS Printed Circuit (Kunshan) Co., Ltd. along with several Chinese patents, generating approximately €21 million in cash proceeds. This strategic move provides the foundation for future investments that will position the company to access new growth segments including aviation and defense while signi…
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