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Morgan Advanced offloads Foseco India stake for £50m

By Iain Gilbert

Date: Friday 28 Aug 2026

(Sharecast News) - Advanced ceramics and carbon systems group Morgan Advanced Materials has disposed of its full shareholding in Foseco India, made up of 1.2m shares and representing approximately 15% of the business' issued share capital.
Morgan Advanced Materials said on Friday that it received a gross consideration of INR 6.53bn...

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