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flag Kingspan acquires 92% stake in Nordic Waterproofing, plans to buy out and delist the company.

flag Insulation giant Kingspan has acquired a 92% stake in Nordic Waterproofing, a leading provider of waterproofing products in Northern Europe. flag With majority ownership, Kingspan plans to buy the remaining shares and delist Nordic Waterproofing from Nasdaq Stockholm. flag The deal, recommended by Nordic Waterproofing's board, offers a significant premium to shareholders, valued at €48.7 million for the remaining 12% of the company.

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