Natraceutical Says Stake in Naturex Falls to 20.7 Percent

Natraceutical SA (NTC) said in a filing today its stake in Naturex (NRX) dropped to 20.7 percent after it didn’t take part in a capital increase and it sold shares.

The Valencia, Spain-based Natraceutical is also in talks with lenders to pay down debt using the 20.2 million euros it obtained from the share sale, the company said.

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