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Deal announced Feb 2021 · Australia Verified

Glen Dimplex holds option to buy remaining Thermofilm shares in two years

Thermofilm will operate as a standalone trading entity for two years, after which Glen Dimplex holds an option to acquire the remaining shareholding.

“Thermofilm will remain a standalone trading entity for the next two years. Glen Dimplex has the option to buy the remaining shareholding at the end of this period.”

Entities

Glen Dimplex Group · Acquirer Thermofilm Pty Ltd · Target
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