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Berliner Glas KG Acquires Majority Interest in SwissOptic AG

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BERLIN, July 17 -- Berliner Glas KG Co. has acquired a majority interest in SwissOptic, a subsidiary of Leica Geosystems AG, to form one of the leading precision optics companies in Europe. Leica Geosystems AG and Berliner Glas KG Herbert Kubatz GmbH & Co., Berlin, announced that they have agreed to a takeover of 75 percent of the share capital of SwissOptic AG by Berliner Glas KG. Twenty five percent of the SwissOptic shares coupled with controlling interests will remain in the possession of Leica Geosystems. The transaction will be complete by the end of July and will apply retroactively...Read full article

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    Published: July 2001
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