Baltimore reduces stake in its Japanese operation

Baltimore has said that it has sold 11,000 shares in its Japanese subsidiary to investment fund CGI Ltd for €7.757m, according to a report by Reuters.

Baltimore reduces stake in its Japanese operation

Baltimore has said that it has sold 11,000 shares in its Japanese subsidiary to investment fund CGI Ltd for €7.757m, according to a report by Reuters.

This sale reduces Baltimore's stake in the company from 62% to 19%. BTJ has a 12-year licence to distribute Baltimore's products in Japan.

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