Germany's Norma Group eyes takeovers - paper

Newswire

FRANKFURT, May 31 (Reuters) - German engineering firm Norma Group has 93 million euros ($126.90 million) in cash to spend in takeovers and is in talks with potential targets, the company's chief executive was quoted as saying on Saturday. "We're looking at larger targets and are in discussions," chief executive Werner Deggim told Euro am Sonntag newspaper in the summary of an article to appear in the Sunday edition. "We need the cashflow to finance our future, ...

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