Elmet Group to Buy 4.99% of Masan High-Tech Materials for $124.8 Million

Elmet Group announced a Share Purchase Agreement to acquire a 4.99% stake in Masan High-Tech Materials for approximately $124.75 million via a put-through transaction on Vietnam’s UPCoM, with closing expected on Oct 01, 2026 and settlement on Oct 05, 2026. The deal includes mechanisms to proceed of…