AMG ADVANCED METALLURGICAL GROUP NV (GB:0LO9) has released an update.
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AMG Critical Materials N.V. is set to repurchase a 40% stake in its subsidiary, Graphit Kropfmühl GmbH, from Alterna Capital Partners. The transaction allows AMG flexibility in payment, either in cash after three years or through AMG shares within the period, with Alterna agreeing to align its vote with AMG’s board recommendations. This move underscores AMG’s strategic efforts to enhance its stake in key operations.
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