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Romania s anti-trust body approves Faurecia unit takeover by Adler Pelzer
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Adler Pelzer buys majority stake in STS Group
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William Blair and BDA Advise STS on Its Sale to Adler Pelzer Group
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PRESSESPIEGEL/Unternehmen: DEUTSCHE BANK, DEUTSCHE BÖRSE, DKB, KFW, ZURICH, WEFOX, ADLER PELZER, BELIEVE
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Adler Pelzer has finally priced a €75m mirror note, replicating the terms of its 4.125% 2024s, with BNP Paribas as sole global co-ordinator. JP Morgan, the original gloco, first announced the deal two weeks earlier, an extraordinarily long syndication process for a tiny bond from an established issuer and an indication, alongside the eventual 92.50 price, that selling the issue was a challenge.