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ETEM, 80% owned by ELVALHALCOR, and COSMOS ALUMINIUM signed an addendum to their strategic cooperation agreement, continuing negotiations for the merger by absorption of ETEM by COSMOS ALUMINIUM.
“ETEM and COSMOS ALUMINIUM have signed the '1st Addendum to the Basic Terms of Cooperation' to the strategic cooperation agreement having as subject matter the basic terms under which the contracting parties intend to proceed to the merger by absorption of ETEM by COSMOS ALUMINIUM.”athens.euronext.com
Summarized from public sources; check the original articles before acting on it.