CalciTech launches UK-based European operating company

By Mike O'Driscoll
Published: Wednesday, 15 December 2010

Synthetic calcium carbonate developer shifts to UK while awarded grant in Germany

Geneva-based CalciTech Ltd has transferred all of its business undertaking for Europe to a wholly-owned subsidiary, CalciTech Synthetic Minerals Europe Ltd (CSME).

Established in the UK, the European projected business has been independently valued at €64m. ($85m.) and the consideration is satisfied by the issue of 80m. shares of CSME...

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