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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…
September 24 (Reuters) — The following bids, mergers, acquisitions and disposals were reported by 0930 GMT on Thursday: * France's Schneider Electric intends to launch a voluntary public takeover offer for Bulgarian smart-home device maker Shelly Group for €70 per share, the industrial group said.... * A consortium bac
The Elmet Group will invest USD 124.75 million to acquire a 4.99% equity stake in Masan High-Tech Materials. Transaction pairs the minority stake with multi-year supply agreements covering mined tungsten from Nui Phao and conversion services in Vietnam. Investment targets tighter control of tungsten supply, expansion o