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Carl Zeiss Meditec AG (AFX) plans to spend its cash reserves on acquisitions, Boersen-Zeitung reported in a preview of an article to be published tomorrow, citing an interview with Chief Executive Officer Christian Mueller.
The medical laser- and surgery products-maker has 110 million euros ($142 million) in cash reserves to spend, and may seek additional funding through bonds or loans should a larger takeover be possible, the newspaper said.
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