RHI Magnesita still mulling Kumas bid, keeps FY outlook unchanged

By William Clarke
Published: Wednesday, 08 May 2019

Refractory producer RHI Magnesita could still make an offer for Kumas, a major Turkish magnesia producer.

RHI Magnesita is still considering the possibility of purchasing Turkish magnesia producer Kumas Manyezit Sanayi, the company said in its quarterly financial results on May 8, adding that it remains on track for the full year.

The possibility of the acquiring Kumas - a major producer of magnesia, accounting for...

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