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Elementis shares surge on $121m talc unit sale, £50m buyback

By Frank Prenesti

Date: Tuesday 27 May 2025

(Sharecast News) - Shares in specialty chemicals company Elementis surged on Tuesday as it sold its Talc business to Italy's IMI Fabi for an enterprise value of $121m and unveiled a £50m share buyback.
The sale comes as Elementis repositions itself as a pure-play specialty chemicals operation focused on value-added additives...

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