Sept 18 (Reuters) - Elkem ASA ELK.OL:
ELKEM ENTERS EXCLUSIVE SALES PROCESS FOR SILICONES DIVISION
SUBJECT TO NEGOTIATIONS, AGREEMENT AND NECESSARY APPROVALS, CLOSING OF TRANSACTION IS EXPECTED TO OCCUR IN FIRST HALF OF 2026
HAS DECIDED TO PURSUE EXCLUSIVE NEGOTIATIONS WITH A MAJOR INDUSTRIAL PLAYER THAT HAS A SIGNIFICANT PRESENCE IN GLOBAL CHEMICALS INDUSTRY
IS CONFIDENT THAT POTENTIAL TRANSACTION WOULD REPRESENT BEST POSSIBLE OUTCOME FOR SILICONES DIVISION AS WELL AS COMPANY AND ALL ITS STAKEHOLDERS.
Source text: ID:nObiNRsZ4a
Further company coverage: ELK.OL
(Gdansk Newsroom)
((gdansk.newsroom@thomsonreuters.com;))