Sep 14, 2017ACQUISITIONNetherlands RHI and Magnesita merger to close in late October 2017
RHI announced that all merger clearances for its combination with Magnesita Refratários have been obtained, with the closing and first trading day on London Stock Exchange scheduled for late October 2017.
Value
$139.0M (118.0M EUR)
Productsrefractory bricks
“London offers the company as the global market leader in the refractories segment access to an important capital market”bnamericas.com
- 3 sources
- bnamericas.comRHI, Magnesita merger expected for late October - BNamericasSep 14, 2017
- ir.rhimagnesita.comListing prospectus approved, final steps for business combination of RHI and Magnesita decided (ad hoc) – RHI Magnesita InvestorsOct 17, 2017
- marketscreener.comRHI AG completed the acquisition of 50% stake in Magnesita Refratarios S.A. from GP Investments, Ltd and Rhône Group LLC, Asset Management Arm.MarketScreenerOct 25, 2017
Summarized from public sources; check the original articles before acting on it.