Tuffieh Funds Buys 100 Percent Stake in CS Cargo, CTK Reports

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Tuffieh Funds, a Malta-based investment firm, purchased 100 percent of Czech logistic firm CS Cargo AS for an undisclosed amount, CTK reported, citing the companies’ statement.

CS Cargo reported an operating profit of 320 million koruna ($16.7 million) in 2010, the newswire added.