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‘Tuffieh Funds’ buys 100% stake in CS Cargo
Malta-based investment firm Tuffieh Funds has purchased 100 percent of Czech logistic firm CS Cargo AS for an undisclosed amount.
CS Cargo reported an operating profit of 320 million koruna (US$16.7 million) in 2010.
Tuffieh originally agreed to buy an 85% stake in CS Cargo, the company said on June 3.
