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IN BRIEF: Surface Transforms enters asset sale transaction agreement

Surface Transforms PLC - Liverpool, UK-based carbon ceramic brake manufacturer - Completes GBP90,000 asset sale agreement with Hong Kong-based lifestyle company CCST Ltd. The agreement includes sale of its trading business, computer systems, intellectual property, contracts, equipment, stocks, records and goodwill of the company, including the right to the use of Surface Transforms name. An additional GBP200,000 sale of the company's Germany-based dynamometer remains under consideration, subject to a six-month expiration window. Click here to Read More

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FTSE 100 Latest
Value10,466.26
Change22.79