By Frank Prenesti
Date: Monday 21 Nov 2022
LONDON (ShareCast) - (Sharecast News) - RHI Magnesita said it had bought the Indian refractory business of Dalmia Bharat Refractories in a share swap agreement.
The deal will see RHI take on the business in exchange for 27 million shares in its 70%-owned India-listed subsidiary of the group valued at around €212m.
Following completion, the group's shareholding in RHI Magnesita India will fall to 60.1% and the Dalmia Bharat Group and minority shareholders in DBRL will hold a combined 14.4% stake.
Reporting by Frank Prenesti for Sharecast.com
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Currency | UK Pounds |
Share Price | 2,020.00p |
Change Today | -25.00p |
% Change | -1.22 % |
52 Week High | 3,800.00p |
52 Week Low | 1,992.00p |
Volume | 37,717 |
Shares Issued | 47.30m |
Market Cap | £955.49m |
Value |
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Income |
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Growth |
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Strong Buy | 3 |
Buy | 2 |
Neutral | 2 |
Sell | 1 |
Strong Sell | 0 |
Total | 8 |
Latest | Previous | |
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Interim | Final | |
Ex-Div | 28-Aug-25 | 22-May-25 |
Paid | 25-Sep-25 | 12-Jun-25 |
Amount | 60.00¢ | 120.00¢ |
Time | Volume / Share Price |
16:35 | 284 @ 2,020.00p |
16:35 | 17 @ 2,020.00p |
16:35 | 2 @ 2,020.00p |
16:35 | 12 @ 2,020.00p |
16:35 | 14,191 @ 2,020.00p |
CEO | Stefan Borgas |
Chair | Herbert Cordt |
CFO | Ian Botha |
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