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CDT Equity acquires 20% stake in Sarborg for $115 million By Investing.com
CDT Equity Inc. announced it is acquiring a 20% equity stake in Sarborg Limited for $115 million. Sarborg operates an artificial intelligence business specializing in signature intelligence analysis. Despite CDT’s current market capitalization of $2.14 million and its stock trading near a 52-week low, the company views this acquisition as a strengthening of its existing collaboration with Sarborg, whose technology is complementary to CDT’s biopharmaceutical development focus.