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SIV Technology Says Sale of Poteen New Materials Lapsed After No Bids

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SIV Technology (01202) said the extended public listing period expired without receiving any bids, causing the proposed sale of all equity interests in its subsidiary Poteen New Materials to lapse and be terminated, according to ETNet.

The company noted that the lapse is not expected to have a material adverse impact on its financial position or business operations.

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