24th Jul 2023 10:10
RHI Magnesita NV - Vienna-based supplier of refractory products - Ignite Luxembourg Holdings Sarl, a company indirectly managed by Rhone Holdings VI LLC, on Monday says offer for shares in RHI Magnesita closed on Friday with acceptances for 9.4 million shares, a 19.95% stake. Rhone back in May had offered to buy 14.1 million shares at GBP28.5 per share in cash. This would have been a 29.9% stake. Rhone said at the time it wanted a non-controlling minority stake in the FTSE 250 company. Read More
