Colt CZ Closes Propellant Maker Acquisition
The Czech firearms and ammunition producer completed the acquisition of 51% stakes in Synthesia Nitrocellulose and Synthesia Power, which make a key gunpowder ingredient. Colt paid CZK 5.5 billion ($266.0 mm) in cash and issued 6,174,214 new shares valued ... Log in to view full article.
