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Joyou AG: New shareholder structure
The free float of currently 27.7 per-cent will not be influenced by the intended transaction. A delisting or downlisting to a lower level stock market segment of Joyou AG is not intended.
The aim of the agreement is to further deepen the cooperation between Grohe Group and Joyou Group to build a world market leader in the sanitary ware industry and create a "house of brands" operating under the two brands Grohe and Joyou worldwide.
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