Brief: Elementis Sells Talc Business To IMI Fabi For $121 Million
27/05/2025 07:26
May 27 (Reuters) - Elementis PLC ELM.L: ELEMENTIS PLC - SALE OF TALC BUSINESS AND INTENDED BUYBACK LAUNCH ELEMENTIS PLC - SELLS TALC BUSINESS TO IMI FABI FOR $121 MILLION ELEMENTIS PLC - DEAL ACCELERATES DELIVERY OF 2026 FINANCIAL TARGETS ELEMENTIS PLC - TO RETURN $50 MILLION TO SHAREHOLDERS VIA BUYBACK ELEMENTIS PLC - POSITIVE OUTLOOK FOR THIS FINANCIAL YEAR REMAINS UNCHANGED Source text: ID:nRSa0923Ka Further company coverage: ELM.L ((Reuters.Briefs@thomsonreuters.com;))
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