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REC Solar Elkem deal: RIL subsidiary to sell 100% stake to Norway s Elkem ASA for $22 mn

Reliance Industries Limited (RIL) has agreed to sell its 100% equity stake in REC Solar Norway AS to Norway s Elkem ASA for $22 million. REC Norway, a subsidiary of RIL, manufactures kerf-based polysilicon in Norway. Elkem, a silicon-based material provider, had sales of approximately NOK 45.9 billion in 2022. The transaction is expected to be completed by April 2024

Latest News | Reliance Sells REC Solar Norway for $22 Million

Reliance Industries Ltd on Monday said it will sell REC Solar Norway AS to Oslo-listed Elkem ASA for around USD 22 million. Reliance Sells REC Solar Norway To Oslo-listed Elkem ASA for USD 22 Million.

Global EV Charging Cable Market Analysis Report 2023-2030 - CCS1 Connector Demand to Get Impacted by Phase Off of CHAdeMO Connectors

Automotive Silicone (Elastomers, Resins, Gels, Fluids)

Elkem ASA (OTCMKTS:ELKEF) Rating Lowered to Equal Weight at Morgan Stanley

Morgan Stanley cut shares of Elkem ASA (OTCMKTS:ELKEF – Free Report) from an overweight rating to an equal weight rating in a report published on Wednesday, FlyOnTheWall reports. Separately, Nordea Equity Research lowered Elkem ASA from a buy rating to a hold rating in a research note on Tuesday, August 22nd. View Our Latest Analysis […]

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