The buyer is Mr Chen Bingyu, owner of Bode's Chinese joint venture partner to date, Hebei Xinghua Agate Co. Ltd. The purchase price is greater than the carrying amount in the low singledigit million euro region and leads to an additional profit of around € 0.8 million or approximately 40 cents per share. The transaction still requires the formal approval of the Lusigdm spusqvoppwd.
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