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CSG Buys 9.5% Stake in Canada's MDA Space for About $434 Million

Czech arms maker CSG said it bought a 9.5% stake in MDA Space, worth around $434 million, becoming the Canadian space technology company's largest shareholder.

CSGMDA

Czech arms maker CSG said it had become the largest shareholder in Canadian space technology company MDA Space, acquiring a stake worth around $434 million as it seeks to enter the space sector. 5% stake in MDA Space, which builds robotics and satellites.