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Sisecam in talks for acquisition of ARC

A recent communication by Sisecam to the Istanbul stock exchange announced that its Pasabahce unit has started talks to acquire shares in Arc International.

Sisecam, Turkey’s biggest glassmaker, has announced that its Pasabahce unit, which makes tableware and home furnishings, has started talks to acquire shares in Arc International, a French household goods maker.
Pasabahce has, according to Sisecam’s filing to the Istanbul stock exchange, has signed a non-disclosure agreement regarding the non-binding talks.

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