20th Mar 2019 10:30
LONDON (Alliance News) - Refractory products firm RHI Magnesita NV on Wednesday said it has received further acceptances for its tender offer to shareholders of a subsidiary.
RHI has now got acceptances from 2.6% more Magnesita Refratarios SA shareholders, taking the total accepted to 97.5%.
A meeting will be held on Monday next week to approve the redemption of the outstanding shares not held by RHI.
RHI shares were marginally higher on Wednesday morning at a price of 4,602.00 pence each.
Related Shares:
RHI Magnesita