Extract from our Nordic M&A Newsletter

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Umicore acquires Finnish cobalt refinery for USD 150m
May 27, 2019

Belgian battery-materials manufacturer Umicore SA has reached an agreement with Freeport Cobalt to acquire the latter's cobalt refining and cathode precursor business. The transaction is expected to be finalized by the end of 2019, Umicore will pay a total consideration of USD 150m.

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