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AGR 81.63 ( 0.00%) + AMAG 24.50 ( -2.39%) + AMS 106.60 ( -0.25%) + ANDR 44.93 ( -1.45%) + ATEC 0.00 ( 0.00%) + ATRS 4.12 ( 1.15%) + ATS 8.22 ( 0.66%) + ATX 2516.24 ( -0.23%) + AW2 0.00 ( 0.00%) + BAH 39.21 ( -1.48%) + BDI 0.00 ( 0.00%) + BENE 0.52 ( -8.80%) + BEO 2.73 ( 0.00%) + BETB 0.00 ( 0.00%) + BFC 1.72 ( 0.00%) + BIND 22.35 ( 0.00%) + BWIN 1.56 ( 2.70%) + BWT 15.88 ( -0.06%) + C2 26.50 ( 0.00%) + CAI 13.78 ( -0.18%) + CAT 15.71 ( -0.10%) + CNTY 4.40 ( 0.00%) + COV 0.00 ( 0.00%) + CWI 10.52 ( 0.81%) + DOC 40.50 ( 1.15%) + EBS 24.73 ( -1.04%) + ECO 5.06 ( 0.00%) + EVN 10.12 ( 0.55%) + FAA 8.52 ( 1.42%) + FKA 9.25 ( 0.00%) + FLU 70.38 ( -0.87%) + GROA 2.82 ( -1.05%) + HEAD 1.50 ( -1.38%) + HIS 6.00 ( 0.00%) + HTI 1.25 ( 0.00%) + IIA 3.35 ( 1.06%) + KTCG 38.58 ( 1.14%) + KTM 81.00 ( -0.01%) + LNZ 47.21 ( 5.29%) + MAI 0.06 ( 0.00%) + MIP 0.13 ( 0.00%) + MMK 89.90 ( 0.06%) + OMV 32.13 ( -1.24%) + PAL 28.80 ( -0.69%) + PARS 26.43 ( -2.13%) + POS 50.57 ( 1.96%) + POST 36.98 ( -0.11%) + PYT 7.40 ( -1.96%) + QINO 1.05 ( 0.00%) + RAP 0.01 ( 0.00%) + RBI 23.46 ( -1.41%) + RBT 0.00 ( 0.00%) + RHI 24.97 ( 0.08%) + ROS 68.00 ( 0.00%) + SAC 1.72 ( -3.80%) + SBO 88.68 ( 3.16%) + SEM 40.82 ( -0.62%) + SNT 0.00 ( 0.00%) + SNU 0.00 ( 0.00%) + SPI 5.52 ( 0.36%) + STR 20.47 ( 0.42%) + SWUT 6.95 ( 0.00%) + TAN 0.27 ( 0.00%) + TEAK 2.30 ( 0.00%) + TKA 7.10 ( 6.80%) + UIV 21.66 ( 3.12%) + UP2 3.25 ( 2.62%) + UQA 9.40 ( -1.01%) + VER 14.12 ( -0.32%) + VIG 36.51 ( -0.29%) + VLA 5.97 ( -2.13%) + VOE 32.37 ( -0.31%) + WIE 13.55 ( -0.70%) + WOL 18.45 ( 1.65%) + WWE 0.08 ( 0.00%) + WXF 1.51 ( -2.08%) + ZAG 14.83 ( -4.54%) +


 

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RHI to acquire Indian Orient Refractories   Facebook



15.01.2013
 

RHI today announced that it signed a share purchase agreement to acquire 43.6% of the share capital of Orient Refractories Ltd.(ORL). ORL is an Indian producer of special refractories and monolithics listed on the National Stock Exchange of India as well as the Bombay Stock Exchange.The selling shareholders that hold the largest stake of the 43.6% are the immediate family members of S.G. Rajgarhia. The transaction price amounts to 31 mn euros (Rupees 2,3 billion).

RHI said it makes an open offer to the public shareholders for up to an additional 26% of the shares of ORL. The offer priceis 43 Rupees (EUR 0,6 ) per equity share amounting to a total of up to 18,5 mn euros.

According to RHI, ORL's technical and service know-how aswell as its Indian production facility will further strengthen RHI'sservice-oriented sales approach for the growing Indian and Asian steel industry.


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