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Elkem ASA Announces Board-Approved Merger
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Elkem ASA Announces Board-Approved Merger

Elkem ASA (ELKEF) has released an update.

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Elkem ASA has announced the board approval of its merger with Elkem Testvirksomhet AS, with completion expected by the end of 2024 following a statutory creditor notice period. This strategic move will combine Elkem’s expertise as a leading provider of advanced silicon-based materials with its subsidiary to enhance innovation and sustainability. Elkem, with a history dating back to 1904, reported a strong operating income in 2023 and is committed to delivering sustainable solutions for essential industries.

For further insights into ELKEF stock, check out TipRanks’ Stock Analysis page.

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