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Flomerics

  • BY: Andrew Hore |
  • POSTED: 18/03/2008 |

Mentor Graphics has bought a further 6.38% of Flomerics.

Bluehone Investors sold Mentor 1.38m shares at 104p each, compared with a then market price of 62p. That takes Mentor’s stake in the electronic simulation software developer to 26.4%.

Flomerics shares jumped 22p to 84p on the news. 

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