Brief: Elvalhalcor Announces Merger By Absorption Of ETEM By Cosmos Aluminium

Elvalhalcor Hellenic Copper and Aluminium Industry SA

06/05/2022 15:49

May 6 (Reuters) - Elvalhalcor Hellenic Copper and Aluminium
Industry SA  ELHA.AT :
    * ETEM SUBSIDIARY AND COSMOS ALUMINIUM AGREED ON THE BASIC
TERMS
OF THE MERGER BY ABSORPTION OF ETEM BY COSMOS ALUMINIUM
    * CO HOLDS 80% STAKE OF ETEM AND FROM MERGER THERE WILL BE A
MINORITY STAKE IN SHARE CAPITAL OF COSMOS ALUMINIUM OF THE
SHAREHOLDERS OF ETEM

Source text: https://bit.ly/3ykrY1o
Further company coverage:  ELHA.AT 

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