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 | 2,785.00p |
Change Today | -85.00p |
% Change | -2.96 % |
52 Week High | 3,800.00p |
52 Week Low | 2,635.00p |
Volume | 31,437 |
Shares Issued | 47.28m |
Market Cap | £1,316.73m |
Value |
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Price Trend |
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Income |
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Growth |
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Strong Buy | 4 |
Buy | 2 |
Neutral | 2 |
Sell | 1 |
Strong Sell | 0 |
Total | 9 |
Latest | Previous | |
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Final | Interim | |
Ex-Div | 22-May-25 | 29-Aug-24 |
Paid | 12-Jun-25 | 26-Sep-24 |
Amount | 120.00¢ | 60.00¢ |
Time | Volume / Share Price |
16:36 | 14 @ 2,785.00p |
16:35 | 19,001 @ 2,785.00p |
16:35 | 1 @ 2,785.00p |
16:35 | 78 @ 2,785.00p |
16:35 | 47 @ 2,785.00p |
CEO | Stefan Borgas |
Chair | Herbert Cordt |
CFO | Ian Botha |
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