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Reuters quoted people aware, Ziguang Holdings (00365) Ziguang Group parent company, about 1.5 billion euros (about 20.169 billion Hong Kong dollars) to buy the French manufacturer. Linxens smart card devices. The transaction was signed more than a month ago but has not been publicly announced.
According to the source, the acquisition of Linxens by the Ziguang Group from the US private equity fund CVC remains subject to the agreement of French and German regulators and unions of the company, but the institutions concerned should not oppose it.
Ziguang Group and Linxens declined to comment on the transaction.
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