PCAS SA (ENXTPA:PCA) announced it has entered into exclusive talks to sell its Canadian subsidiary to DIC Corporation (TSE:4631). The proposed deal gives PCAS Canada Inc. an enterprise value of EUR 88.2 million (USD 97.1 million). A potential transaction hinges on an obligatory information-consultation process of the competent workers' councils, after authorisation of PCAS' supervisory board and its majority shareholder, Seqens, a press release said.
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