End of saga for Dalmia-Seven Refractories JV
24 April 2023
The operations of Seven Refractories in Europe, India, and the US will be purchased by RHI Magnesita NV for EUR93 million (₹ 838 Cr.), the company said on Friday. This consists of a 49% stake in RHI Magnesita Seven Refractories Ltd., (formerly Dalmia Seven Refractories Ltd.). RHI had previously purchased out the remaining 51% of DBRL shareholding.
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