RHI Magnesita Reports Major Stake Acquisition by Rhône Capital
Company Announcements

RHI Magnesita Reports Major Stake Acquisition by Rhône Capital

RHI Magnesita NV (GB:RHIM) has released an update.

RHI Magnesita N.V., a non-UK issuer, has reported a significant change in ownership as Rhône Capital L.L.C. has crossed the notification threshold with an acquisition of voting rights. As of June 11, 2024, Rhône Capital’s direct and indirect holdings have reached a total of 20.003219% of voting rights, reflecting a slight increase from their previous position. This change was officially notified to the issuer on June 13, 2024, indicating a strategic move by the New York-based investment firm.

For further insights into GB:RHIM stock, check out TipRanks’ Stock Analysis page.

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