ElvalHalcor to join Cosmos Aluminium with 15% stake in merger

ElvalHalcor, a member of the Viohalco group and sole shareholder of Etem, will join Cosmos Aluminium with a 15% stake, while current Cosmos shareholders hold 85%. The transaction involves the absorption of Etem by Cosmos Aluminium and is contingent on regulatory approval.

“The merger will see ElvalHalcor join Cosmos Aluminium with a 15% stake in Cosmos, while the current shareholders of Cosmos Aluminium will hold the remaining 85%.”ceelegalmatters.com

• 1 source
• ceelegalmatters.comKoutalidis and CFGA Law Advise on Etem and ElvalHalcor's Strategic Partnership with Cosmos AluminiumTeona GelashviliJan 5, 2023

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