Imerys assets to be sold to Magris Resources

Imerys assets to be sold to Magris Resources

GlobalCosmeticsNews·2020-11-23 19:00

THE WHAT? The United States Bankruptcy Court for the District of Delaware has approved the sale of substantially all of the assets belonging to the North American Talc Subsidiaries of Imerys to Magris Resources Canada.

THE DETAILS Under the terms of the deal, Magris will pay US$223 million as well as take on certain assumed liabilities. The transaction is subkect to regulatory approvals.

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