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SERF plans Fr 10 million share offering

This article was originally published in Clinica

Executive Summary

French prostheses manufacturer SERF aims to raise some Fr 10 million ($2 million) through a share offering and by incorporation of reserves. Societe Etudes Recherches et Fabrications has "no real need" for the additional funds, president Andre Rambert told Clinica, but wishes to make the shares available to current shareholders and Chinese clients. The company will use some of the income to fund current activities.





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