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Cyprus’ Mitica acquires stake in Greece’s Titan Cement October 18, 2007

Posted by grhomeboy in Business & Economy.
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Cypriot holding company Mitica has acquired a stake of about 5% in Greece’s Titan Cement, sources close to the matter said to Thomson Financial News.

The sources explained that Mitica was making a long-term investment in Titan to achieve a capital gain. A formal announcement on the acquisition of the share stake is expected soon, the sources added.

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