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

Elkem ASA (ELKEF) has released an update.

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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