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Masonglory acquires 20% stake in Austrian construction firm By Investing.com
Masonglory Limited has announced its acquisition of a 20% equity interest in Beta Beteiligungs und Besitz GmbH, an Austrian construction materials distributor. The acquisition involves a share swap where Masonglory will issue 1,377,000 Class A ordinary shares, valued at $3.40 each, to an existing shareholder of the Austrian firm. The transaction values Beta Beteiligungs und Besitz GmbH at …