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Eramet SA (ERMT.PA)

ERMT.PA on Paris Stock Exchange

106.60EUR
20 Jul 2018
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Latest Key Developments (Source: Significant Developments)

Eramet Says Offer For Mineral Deposits Limited Declared Unconditional
Thursday, 5 Jul 2018 

July 5 (Reuters) - ERAMET ::REG-ERAMET GROUP: OFFER FOR MINERAL DEPOSITS LIMITED (MDL) SHARES DECLARED UNCONDITIONAL.OFFER PRICE OF A$1.75 PER SHARE IS LAST AND FINAL(3).CASH CONSIDERATION IS PAID TO ACCEPTING SHAREHOLDERS WITHIN 7 BUSINESS DAYS.OFFER IS DUE TO CLOSE AT 7:00PM (SYDNEY TIME) ON 13 JULY 2018 (UNLESS EXTENDED OR WITHDRAWN).OFFER IS DUE TO CLOSE AT 7:00PM (SYDNEY TIME) ON 13 JULY 2018.  Full Article

Eramet Established Facility To Assist MDL Shareholders To Tender Support For Offer
Thursday, 28 Jun 2018 

June 29 (Reuters) - Eramet SA ::ESTABLISHED INSTITUTIONAL ACCEPTANCE FACILITY TO ASSIST MDL SHAREHOLDERS TO TENDER SUPPORT FOR OFFER PRIOR TO OFFER BECOMING UNCONDITIONAL.REFERS TO ERAMET'S OFFER TO BUY MINERAL DEPOSITS.  Full Article

ERAMET Says Ellerston Capital Procured Acceptance Of ERAMET's Offer For Mineral Deposits' Shares
Tuesday, 29 May 2018 

May 29 (Reuters) - Eramet SA ::ELLERSTON CAPITAL HAS PROCURED ACCEPTANCE OF ERAMET'S OFFER FOR MINERAL DEPOSITS' SHARES REPRESENTING 5.3% OF MDL SHARES ON ISSUE.  Full Article

Mineral Deposits Responds To Eramet's Second Supplementary Bidder’S Statement
Thursday, 17 May 2018 

May 17 (Reuters) - Mineral Deposits Ltd ::NOTES ERAMET'S RELEASE OF SECOND SUPPLEMENTARY BIDDER’S STATEMENT.ERAMET BIDDER’S STATEMENT CRITICISES RELIABILITY OF FINANCIAL & OPERATIONAL GUIDANCE FOR TIZIR JV RELEASED BY CO ON 10 MAY.STANDS BY ITS GUIDANCE AND REJECTS ANY ASSERTION THAT IT DOES NOT HAVE A REASONABLE OR RELIABLE BASIS FOR THAT GUIDANCE.  Full Article

Mineral Deposits Says Shareholders To Take No Action Regarding Eramet's Offer
Friday, 27 Apr 2018 

April 27 (Reuters) - Mineral Deposits Ltd ::SHAREHOLDERS ARE URGED TO TAKE NO ACTION IN RELATION TO ERAMET'S OFFER.  Full Article

ERAMET Proposes To Acquire All Of Issued Shares In Mineral Deposits Limited
Thursday, 26 Apr 2018 

April 27 (Reuters) - ERAMET SA ::AS PART OF OFFER, ERAMET ACQUIRED RELEVANT INTEREST IN 13.3% OF MDL SHARES FROM KEY INSTITUTIONAL SHAREHOLDERS OF MDL.PROPOSES TO MAKE AN OFF-MARKET TAKEOVER OFFER TO ACQUIRE ALL OF ISSUED SHARES IN MINERAL DEPOSITS LIMITED.DEAL FOR A$291 MILLION.  Full Article

Steelworkers ratify three-year agreement at Eramet Marietta
Wednesday, 1 Nov 2017 

Nov 1 (Reuters) - Eramet SA :‍United Steelworkers - members of local 0639 at Eramet's Manganese plant in Ohio, have ratified new, 3-year contract that covers about 110 workers​.  Full Article

Eramet group sales up in third-quarter 2017
Tuesday, 24 Oct 2017 

Oct 24 (Reuters) - ERAMET ::REG-ERAMET GROUP: SALES UP IN THIRD-QUARTER 2017.‍SALES IN THIRD-QUARTER 2017 AT EUR 877 MILLION, UP BY 23% COMPARED WITH THIRD-QUARTER 2016.​.‍CURRENT OPERATING INCOME FOR 2017 EXPECTED TO BE VERY SIGNIFICANTLY HIGHER THAN ONE OF LAST YEAR​.SEES ‍CURRENT OPERATING INCOME IN SECOND-HALF 2017 ABOVE ONE OF FIRST-HALF 2017.​.‍SUCCESS OF EUR 500 MILLION BOND ISSUE MATURING IN FEB. 2024, STRENGTHENING GROUP'S FINANCIAL LIQUIDITY​.  Full Article

Eramet sets cash cost target for subsidiary Societe le Nickel at 4.0 USD/lb by end-2020
Friday, 8 Sep 2017 

Sept 8 (Reuters) - ERAMET ::REG-ERAMET GROUP: SLN PERFORMANCE PLAN STRENGTHENED IN NEW CALEDONIA.‍ERAMET ANNOUNCES A PROJECT TO STRENGTHEN PERFORMANCE PLAN FOR ITS SUBSIDIARY SOCIETE LE NICKEL (SLN) IN NEW CALEDONIA​.NEW CASH COST TARGET HAS BEEN SET AT 4.0 USD/LB BY THE END OF 2020 FOR SLN.‍​.  Full Article

Eramet sells Erachem to PMHC II
Monday, 12 Dec 2016 

Eramet SA : Signs agreement to sell ERACHEM (Manganese Chemicals) to PMHC II, Inc. . Consideration for transaction is approximately 190 million dollars . Scope of transaction includes several subsidiaries of COMILOG, a Gabonese entity, which is 63.71 pct controlled by Eramet .Completion is expected to occur prior to end of year.  Full Article

Deals of the day-Mergers and acquisitions

July 10 The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Tuesday: