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The company benefits from a profit and loss transfer agreement with Allianz which protects the balance sheet as any loss will be paid off by the parent company. The mandatory offer is required by Section 305 of the German Stock Corporation Act in connection with the domination and profit and loss transfer agreement between Celanese Europe Holding GmbH & Co. The mandatory offer is required by Section 305 of the German Stock Corporation Act in connection with the domination and profit and loss transfer agreement between Celanese Europe Holding GmbH & Co. |
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