Logic Holding acquires majority stake in Nexel to expand GCC presence
The exact size of Logic’s ownership in Nexel was not disclosed
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The exact size of Logic’s ownership in Nexel was not disclosed
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The joint venture will target mining companies in Africa, Asia, and Latin America
The company will use the funding to develop its AutoPilot technology for autonomous, real-time manufacturing control
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The acquisition will give the developer ownership of 2.7 mn sqm of land area inside gated luxury resort La Zagaleta
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