Copyright © Inderes 2011 - present. All rights reserved.
  • Latest
  • Markets
    • Morning Review
    • Stock Comparison
    • Financial Calendar
    • Dividends Calendar
    • Research
    • Articles
    • Insider Transactions
  • inderesTV
  • Portfolio
  • Forum
  • Premium
  • Femme
  • Learn
    • Investing School
    • Q&A
    • Analysis School
  • About Us
    • Our Coverage
    • Team
Regulatory press release

COMPETITION AUTHORITIES APPROVE THE COMBINATION WITH LL RESOURCES

Afarak Group

12:40 London, 14:40 Helsinki, 3 August 2023 - Afarak Group SE ("Afarak" or "the Company") (LSE: AFRK, NASDAQ: AFAGR)

COMPETITION AUTHORITIES APPROVE THE COMBINATION WITH LL RESOURCES

Stock Exchange Release

Following the merger control applications in relation to combination of Afarak and LL-Resources GmbH, Austrian Federal Competition Authority and German Federal Cartel Office have granted necessary clearances and approvals so that the Transaction can be executed. Furthermore, Austrian Federal Ministry of Labour and Economy (Bundesministerium für Arbeit und Wirtschaft) has given FDI clearance and approval for the Transaction pursuant to the Austrian Investment Control Act.

The combination of Afarak and LL-Resources GmbH is moving along as planned and the Transaction is expected to be completed by the end of the year 2023.

Helsinki, August 3, 2023

AFARAK GROUP SE

Board of Directors

For additional information, please contact:

Roman Lurf, CEO, +436641135012, Roman.Lurf@afarak.com

Financial reports and other investor information are available on the Company's website: www.afarak.com.

Afarak Group is a specialist alloy producer focused on delivering sustainable growth with a Speciality Alloys business in southern Europe and a FerroAlloys business in South Africa. The Company is listed on NASDAQ Helsinki (AFAGR) and the Main Market of the London Stock Exchange (AFRK).

Distribution:
NASDAQ Helsinki
London Stock Exchange
Main media

www.afarak.com


Find us on social media
  • Inderes Forum
  • Youtube
  • Facebook
  • Instagram
  • X (Twitter)
  • Tiktok
  • Linkedin
Get in touch
  • info@inderes.fi
  • +358 10 219 4690
  • Porkkalankatu 5
    00180 Helsinki
Inderes
  • About us
  • Our team
  • Careers
  • Inderes as an investment
  • Services for listed companies
Our platform
  • FAQ
  • Terms of service
  • Privacy policy
  • Disclaimer
Inderes’ Disclaimer can be found here. Detailed information about each share actively monitored by Inderes is available on the company-specific pages on Inderes’ website. © Inderes Oyj. All rights reserved.