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.
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