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French State To Increase Its Stake To Become Eramet's Largest Shareholder

By Reuters News10 hours ago Updated

Oct 12 (Reuters) - Eramet S.A. ERMT.PA:

CONFIRMS PLANS FOR €500 MILLION CAPITAL INCREASE WITH PREFERENTIAL SUBSCRIPTION RIGHTS IN Q4
FRENCH STATE TO INCREASE ITS STAKE TO BECOME LARGEST SHAREHOLDER
CHAIR & CEO: GROUP COULD LOOK AT OTHER CRITICAL MINERALS, SUCH AS RARE EARTHS, IN FUTURE BUT NOT PART OF SHORT- OR MEDIUM-TERM STRATEGY
FRENCH STATE STAKE TO REMAIN BELOW 50%

Further company coverage: ERMT.PA

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