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3M enters strategic partnership with Genius Electronic Optical

DigiTimes · ·by G4L

MMM 3M Co
$185.15 -1.40%
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  1. 1US-based company 3M has entered into a strategic partnership with Genius Electronic Optical.
  2. 23M plans to acquire a 4.7% stake in Genius Electronic Optical.
  3. 3This equity acquisition will be conducted through a third-party allotment.

So what's the key point?

3M has decided to team up with Genius Electronic Optical. The company will buy a 4.7% stake in the firm to build a relationship.

Source DigiTimes · View original ↗

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