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    Johnson Matthey to buy Cormetech for $360 million

    Picture of Johnson Matthey logoJohnson Matthey
    28/05/2026 07:23
    Johnson Matthey to buy Cormetech for $360 million
    May 28 (Reuters) - British chemicals company Johnson Matthey JMAT.L said on Thursday it would buy Cormetech for $360 million, betting on growth in the U.S. power generation market on strong demand for emission control for data centres.  

     (Reporting by Nithyashree R B and Neeshita Beura in Bengaluru; Editing by Subhranshu Sahu)
     ((NithyashreeRB@thomsonreuters.com))

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