Reliance Industries Limited (RIL) has agreed to sell its 100% equity stake in REC Solar Norway AS to Norway s Elkem ASA for $22 million. REC Norway, a subsidiary of RIL, manufactures kerf-based polysilicon in Norway. Elkem, a silicon-based material provider, had sales of approximately NOK 45.9 billion in 2022. The transaction is expected to be completed by April 2024
Reliance Industries Ltd on Monday said it will sell REC Solar Norway AS to Oslo-listed Elkem ASA for around USD 22 million. Reliance Sells REC Solar Norway To Oslo-listed Elkem ASA for USD 22 Million.
/PRNewswire/ The "Global EV Charging Cable Market by Power Supply (AC and DC), Application (Private Charging and Public Charging), Length (2-5 Meters, 6-10.
Morgan Stanley cut shares of Elkem ASA (OTCMKTS:ELKEF – Free Report) from an overweight rating to an equal weight rating in a report published on Wednesday, FlyOnTheWall reports. Separately, Nordea Equity Research lowered Elkem ASA from a buy rating to a hold rating in a research note on Tuesday, August 22nd. View Our Latest Analysis […]