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Loomis AB: Negotiations with Pendum Concerning Compensation Finalized

2013-03-15 00:09:11| Appliances - Topix.net

During 2011, Loomis acquired the US cash handling business of Pendum. In connection with the acquisition, the parties made an agreement that Loomis would be eligible for compensation if certain customers chose to diversify their suppliers of cash handling services following the acquisition.

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