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RHI AG / RHI and Magnesita to combine to create a leading refractory company

Published: October 5, 2016; 23:54 · (Vindobona)

RHI AG ("RHI") and the controlling shareholders of Magnesita Refratários S.A. ("Magnesita"), investment vehicles affiliated with GP Investments ("GP") and Rhône Capital ("Rhône", and together with GP, "Magnesita's Controlling Shareholders") announce that they have reached an agreement to combine the operations of RHI and Magnesita to create a leading refractory company to be named RHI Magnesita.

RHI AG / RHI and Magnesita to combine to create a leading refractory company / Picture: © Vindobona

 

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Disclosed inside information pursuant to article 17 Market Abuse Regulation
(MAR) transmitted by euro adhoc with the aim of a Europe-wide distribution. The
issuer is solely responsible for the content of this announcement.

This article includes a total of 1226 words.

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ISIN
AT0000676903