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De.mem Limited Acquires Core Chemicals to Bolster Market Position

Story Highlights
  • De.mem Limited has acquired Core Chemicals to enhance its market position.
  • The acquisition is expected to strengthen De.mem’s financial outlook and capitalize on gold sector opportunities.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
De.mem Limited Acquires Core Chemicals to Bolster Market Position

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De.mem Ltd. ( (AU:DEM) ) has issued an announcement.

De.mem Limited, a company listed on the Australian Securities Exchange (ASX:DEM), has announced the acquisition of Core Chemicals. This acquisition is expected to enhance De.mem’s market position by integrating Core Chemicals’ national business portfolio and leveraging synergies between the two companies. The transaction is anticipated to strengthen De.mem’s financial outlook and capitalize on opportunities within the surging gold sector.

More about De.mem Ltd.

Average Trading Volume: 141,152

Technical Sentiment Signal: Strong Sell

Current Market Cap: A$28.17M

For detailed information about DEM stock, go to TipRanks’ Stock Analysis page.

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