J.M. Huber Corporation: Huber Signs Agreement to Acquire Remaining Stake in MAGNIFIN Joint Venture
J.M. Huber Corporation: Huber Signs Agreement to Acquire Remaining Stake in MAGNIFIN Joint Venture ATLANTA, May 05, 2021 (GLOBE NEWSWIRE) -- On May 4, J.M. Huber Corporation ("Huber") signed a definitive agreement with RHI Magnesita ("RHIM") to acquire their 50% ownership stake in the companies' 50/50 joint venture, MAGNIFIN Magnesiaprodukte GmbH & Co. KG ("MAGNIFIN"). This transaction is expected to close in the second half of 2021, pending regulatory approvals. Huber originally acquired its 50% ownership interest in MAGNIFIN as part of the purchase of the Martinswerk operation from Albemar...
Source: finanznachrichten.de