The Elmet Group Co. Invests $124.75M for 4.99% of Masan High-Tech Materials
The Elmet Group Co. will acquire a 4.99% stake in Masan High-Tech Materials for $124.75M and enter multi-year tungsten supply and conversion agreements, subject to customary approvals. ELMT will receive one MSR board seat upon closing.Material DetailsContext by AI AnalystThis extends ELMT’s vertica…