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Nearly 340 employees are part of CTI, including entry-level officers, Locally Employed Staff and managers.
In addition, Electrolux will also make a bid to buy CTI's subsidiary Somela SA (SCL:SOMELA) at CLP325 per share.
For more information, go to the CTI web site: www.communitytissue.org.
CTI owns and operates a fleet of cement carriers and shore terminals and has a global distribution network in more than 25 countries.
Arqaam Capital acted as the exclusive financial advisor to CTI on this transaction.
(CTI) (OTCBB: CVAT), a "Green-Tech" company, was established in 2006 to become a world leader in the development of new cutting edge technologies for the vegetable oil refining, renewable fuel, petroleum, water treatment, wastewater sanitation, food and beverage and chemical industries.
The US-based CTI, established in Dubai in 2005, offers courses that provide hands-on training in skills and techniques of co-active coaching and portray a clear idea of how coaching can fit into people's lives and careers.
snom Flexor CTI for Outlook delivers more efficient and convenient telephony by managing all call activity from within Microsoft Outlook.
"CTI continues to believe in the value of Zevalin as a commercially attractive product and effective form of cancer therapy; however, with the impressive clinical trial results for pixantrone and given the company's need for operating capital, we are compelled to exercise our option and focus our resources on pixantrone," noted James Bianco, MD, CEO of CTI.
The company said that Flexor CTI for Dynamics CRM offers cost effective and scalable CTI to small and medium sized businesses, combining VoIP telephony with Microsoft Dynamics CRM 4.0 to deliver an fully integrated CTI solution.
CTI made an initial payment of 10ドル million to Biogen Idec in exchange for control of U.S.
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