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Magnesita Refratarios SA (MAGG3.SA)

MAGG3.SA on Sao Paulo Stock Exchange

25 Sep 2017
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Tue, Jul 11 2017

Brazil gives antitrust clearance to Magnesita-RHI tie-up

SAO PAULO, July 11 Brazil's Magnesita Refratarios SA said on Tuesday the country's antitrust watchdog Cade approved without restrictions the proposed deal with Austria's RHI AG, completing all the necessary regulatory approvals.

UPDATE 1-EU conditionally clears Austria's RHI to buy Magnesita

BRUSSELS, June 28 The European Commission gave Austrian industrial materials maker RHI clearance on Wednesday to buy Brazil's Magnesita Refratarios after the company agreed to divest some businesses in Europe.

UPDATE 1-Austria's RHI to keep dividend payout stable after Magnesita takeover

VIENNA, May 11 Fireproof industrial materials maker RHI, which is taking over Brazilian rival Magnesita, said it plans to keep the dividend payout at around $33 million in 2017 and 2018, cutting the amount per share for the enlarged group.

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