BRIEF-AMG Critical Materials Acquires Zinnwald Lithium

Affiliated Managers Group, Inc.

Affiliated Managers Group, Inc.

AMG

0.00

May 14 (Reuters) - AMG Critical Materials NV AMG.AS:

  • ANNOUNCES STRATEGIC ACQUISITION OF ZINNWALD LITHIUM ADDING OPTIONALITY IN CRITICAL MATERIALS IN THE HEART OF EUROPE

  • DEAL TO BE FUNDED 50% CASH, 50% NEW AMG SHARES

  • TO BUY REMAINING 71% OF ZINNWALD LITHIUM FOR $56 MILLION

  • DEAL CLOSING EXPECTED IN Q3

Source text: ID:nGNX6plvhy

Further company coverage: AMG.AS


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