AMG ADVANCED METALLURGICAL GROUP NV (GB:0LO9) has released an update.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
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.
For further insights into GB:0LO9 stock, check out TipRanks’ Stock Analysis page.
Trending Articles:
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue