Elementis Plc announced sale of Talc business to IMI Fabi S.p.A
LONDON: Elementis plc, a global specialty chemicals company, today announced that it has simultaneously signed and completed the sale of its Talc business to IMI Fabi S.p.A, a global talc manufacturer, for an enterprise value of $121 million, with net cash proceeds after transaction costs in the region of $55 million. The Transaction follows the…