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News 2026-09-29 11:26 UTC

RHI Magnesita, Vesuvius Merger Seems Attractive, RBC Says — Market Talk

A merger between RHI Magnesita and Vesuvius is strategically sound, but could face competition issues, RBC Capital Markets analysts write. Iron foundries company Vesuvius said it received an offer approach worth 549 pence a share on Aug. 27 that the board was considering. It follows a number of pre…