France to become Eramet's top shareholder via miner's capital hike
12/10/2026 18:10
France to become Eramet's top shareholder via miner's capital hike PARIS, Oct 12 (Reuters) - France is set to become Eramet's ERMT.PA largest shareholder by increasing its stake during a €500 million ($558.50 million) capital increase later this year, the French mining group said on Monday.
The French state will raise its stake to up to 49%, from 27% currently, by acquiring some of the holding of the Duval family, at the moment Eramet's biggest shareholder with a 37% stake, Eramet said.
($1 = 0.8953 euros)
(Reporting by Gus Trompiz and Elizabeth Pineau
Editing by Tomasz Janowski)
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