• Prospectus for the listing of the shares of RHI Magnesita on the London Stock Exchange approved by the Dutch Authority for the Financial Markets (AFM) • Last trading day on the Vienna Stock Exchange expected for October 25, 2017 • Closing date of the transaction foreseen for October 26, 2017 • First day […]
Read MorePositive economic environment strengthens business development M&A costs and currency effects weigh on margins Adjusted operating EBIT exceeds first half of 2016 In the first half of 2017, the RHI Group’s revenue was up 3.1% on the comparative period of 2016 and amounted to € 855.8 million. Revenue of the Steel Division rose by […]
Read MoreThe planned combination of RHI AG with the Brazilian Magnesita was approved by the European Commission on June 28, 2017 subject to conditions. Today, RHI signed a contract with a European refractories supplier regarding the sale of its dolomite business in the European Economic Area. The sale consists of the production sites in Marone, Italy, […]
Read MoreExtraordinary general meeting enables all legally required steps to create the new world market leader RHI-Magnesita in the refractory industry Closing of the transaction contemplated to take place late October 2017 Announcement of the nominated RHI Magnesita N.V. Directors RHI AG’s shareholders approved the proposed resolutions with an overwhelming majority of more than 99.7% […]
Read MoreThe extraordinary general meeting of RHI AG today approved the spin-off of all significant assets of RHI AG to its wholly-owned Austrian subsidiary RHI Feuerfest GmbH and the subsequent cross-border merger of RHI AG with its wholly-owned Dutch subsidiary RHI-MAG N.V. with a majority of more than 99.7% of the votes cast. Completion of the […]
Read MoreThe Brazilian antitrust authority CADE granted its approval regarding the planned combination of the RHI Group with the Brazilian Magnesita Refratários S.A. on July 11, 2017. Important milestones have been achieved with the merger control clearances in the USA, the European Union and Brazil. “As a next step, our shareholders will decide, among other […]
Read MoreThe documentation regarding the demerger of all significant assets of RHI AG to its wholly-owned Austrian subsidiary RHI Feuerfest GmbH and regarding the subsequent merger of RHI AG with its wholly owned Dutch subsidiary RHI MAG NV is now available on the website www.rhi-ag.com under Investor Relations / Publication Restructuring. Link Due to the increased […]
Read MoreAfter a period of planning and assessment for the planned merger between RHI and Magnesita, RHI announces the intended structure and composition of the future management team of the joint company “RHI-Magnesita“ (post closing the transaction): The EXECUTIVE MANAGEMENT TEAM (EMT) of RHI-Magnesita will be led by CEO, Mr. Stefan Borgas, who is currently member […]
Read MoreAs part of the combination of RHI AG with Magnesita S.A., which was announced in a press release on October 5, 2016, it is required to make a cash compensation offer to exiting shareholders for the cross-border merger of RHI AG into RHI – MAG N.V. planned within this transaction. The Management Board today set […]
Read MoreAfter a period of planning and assessment for the planned merger between RHI and Magnesita, RHI announces the intended structure and composition of the future management team of the joint company “RHI-Magnesita“ (post closing the transaction): The EXECUTIVE MANAGEMENT TEAM (EMT) of RHI-Magnesita will be led by CEO, Mr. Stefan Borgas, who is currently member […]
Read More· Divestment of the dolomite business of the RHI Group and of the site in Oberhausen, Germany, of the Magnesita Group · Two production sites of the RHI Group affected · Pending: merger control clearance in Brazil and approval of the cross-border merger by the RHI General Meeting The EU Commission today granted merger control […]
Read MoreIncrease in sales volume and revenue driven by improved business conditions Positive start to the year due to higher deliveries and improved capacity utilization Merger control clearance for the planned combination with Magnesita filed for in Europe and Brazil In the first quarter of 2017, the RHI Group’s sales volume increased by 4.8% compared […]
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