Announced
Financials
Sources
Tags
Acquisition
Private
France
Friendly
cathode mining
Disposal
Pending
Private Equity
Cross Border
aluminium
Majority
Single Bidder
Aluminium
Synopsis
Tokai Carbon, a miner, agreed to acquire Carbone Savoie, a miner of cathode products from Alandia, a private equity fund for $183m. “Through this acquisition, we will be able to grow our smelting and lining business and fine carbon business. In addition to improving profitability, we can also diversify our broader portfolio with Carbone Savoie’s complementary offering. We believe that this will lead to further increase in our corporate value,” Tokai Carbon.
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