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RHI: Share Purchase Agreement to Acquire Indian Orient Refractories

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 EUR 31 million. The proposed sale of shares as aforesaid is subject to various conditions precedent including regulatory approvals. (1/2013)


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