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17.10.2017

Listing prospectus approved, final steps for business combination of RHI and Magnesita decided (ad hoc)

Prospectus for the listing of the shares of RHI Magnesita on the London Stock Exchange approved by the Dutch Authority for the Financial Markets (AFM) Last trading day on the Vienna Stock Exchange expected for October 25, 2017 Closing date of the transaction foreseen for October 26, 2017 First day of trading on the London […]

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08.09.2017

Planned adaptations in the production network are progressing

The planned combination of RHI AG with the Brazilian Magnesita was approved by the European Commission on June 28, 2017 subject to conditions. Today, RHI signed a contract with a European refractories supplier regarding the sale of its dolomite business in the European Economic Area. The sale consists of the production sites in Marone, Italy, […]

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04.08.2017

Material Fact

Magnesita Refratários S.A. (“Company”), pursuant to the terms of Law no. 6,404/76 and Rule no. 358/02 of Comissão de Valores Mobiliários (“CVM”), hereby informs its shareholders and the market in general, in connection with the transaction disclosed in the Material Fact dated October 5, 2016, by which Alumina Holdings, LLC (“Alumina”), Rearden L. Holdings 3 […]

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04.08.2017

RHI shareholders vote in favor of proposed resolutions with a majority of more than 99.7% and enable combination of RHI and Magnesita

Extraordinary general meeting enables all legally required steps to create the new world market leader RHI-Magnesita in the refractory industry Closing of the transaction contemplated to take place late October 2017 Announcement of the nominated RHI Magnesita N.V. Directors RHI AG’s shareholders approved the proposed resolutions with an overwhelming majority of more than 99.7% of […]

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04.08.2017

Results of the extraordinary general meeting on August 4, 2017 (ad hoc)

The extraordinary general meeting of RHI AG today approved the spin-off of all significant assets of RHI AG to its wholly-owned Austrian subsidiary RHI Feuerfest GmbH and the subsequent cross-border merger of RHI AG with its wholly-owned Dutch subsidiary RHI-MAG N.V. with a majority of more than 99.7% of the votes cast. Completion of the […]

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12.07.2017

Brazilian antitrust authority approves combination of RHI and Magnesita

The Brazilian antitrust authority CADE granted its approval regarding the planned combination of the RHI Group with the Brazilian Magnesita Refratários S.A. on July 11, 2017. Important milestones have been achieved with the merger control clearances in the USA, the European Union and Brazil. “As a next step, our shareholders will decide, among other things, […]

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11.07.2017

Material Fact

Magnesita Refratários S.A. (“Company”), pursuant to the terms of Law no. 6,404/76 and Rule no. 358/02 of Comissão de Valores Mobiliários (“CVM”), hereby informs its shareholders and the market in general, in connection with the transaction disclosed in the Material Fact dated October 5, 2016, by which Alumina Holdings, LLC (“Alumina”), Rearden L. Holdings 3 […]

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30.06.2017

RHI publishes reorganization documentation – probability of the planned combination with Magnesita has increased

The documentation regarding the demerger of all significant assets of RHI AG to its wholly-owned Austrian subsidiary RHI Feuerfest GmbH and regarding the subsequent merger of RHI AG with its wholly owned Dutch subsidiary RHI MAG NV is now available on the website www.rhi-ag.com under Investor Relations / Publication Restructuring. Due to the increased probability […]

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28.06.2017

Material Fact

Magnesita Refratários S.A. (“Company”), pursuant to the terms of Law no. 6,404/76 and Rule no. 358/02 of Comissão de Valores Mobiliários (“CVM”), hereby informs its shareholders and the market in general and in connection with the transaction disclosed in the Material Fact dated October 5, 2016, by which Alumina Holdings, LLC (“Alumina”), Rearden L. Holdings […]

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28.06.2017

European Commission approves combination of RHI and Magnesita subject to conditions

Divestment of the dolomite business of the RHI Group and of the site in Oberhausen, Germany, of the Magnesita Group Two production sites of the RHI Group affected Pending: merger control clearance in Brazil and approval of the cross-border merger by the RHI General Meeting The EU Commission today granted merger control clearance regarding the […]

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23.06.2017

RHI announces Management Board changes (ad hoc)

After a period of planning and assessment for the planned merger between RHI and Magnesita, RHI announces the intended structure and composition of the future management team of the joint company “RHI-Magnesita“ (post closing the transaction): The EXECUTIVE MANAGEMENT TEAM (EMT) of RHI-Magnesita will be led by CEO, Mr. Stefan Borgas, who is currently member […]

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23.06.2017

Cash compensation offer (ad hoc)

As part of the combination of RHI AG with Magnesita S.A., which was announced in a press release on October 5, 2016, it is required to make a cash compensation offer to exiting shareholders for the cross-border merger of RHI AG into RHI – MAG N.V. planned within this transaction. The Management Board today set […]

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15.03.2017

RHI achieves solid result and reduces net debt

Gearing ratio declines due to high free cash flow and good performance US authorities have already approved the planned combination with Magnesita Shares of RHI Magnesita NV also to be traded on Vienna Stock Exchange The RHI Group’s revenue amounted to € 1,651.2 million in the past financial year compared with € 1,752.5 million in […]

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14.03.2017

Preliminary results 2016

The RHI Group’s revenue amounted to € 1,651.2 million in the past financial year compared with € 1,752.5 million in the year 2015. This decline is primarily attributable to the continued moderate steel production and lower project deliveries in the business segments outside the steel industry. The operating EBIT amounted to € 123.2 million in […]

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17.02.2017

Unaudited preliminary revenue and operating EBIT 2016

The RHI Group will conclude the financial year 2016 with revenue of roughly € 1,650 million and an operating EBIT of roughly € 123 million according to the preliminary, unaudited figures. The operating EBIT includes external expenses of roughly € 12 million related to the planned combination of RHI and Magnesita. Adjusted for these expenses, […]

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16.12.2016

Dr. Gerd Schubert new Chief Operations Officer

At today’s meeting, the Supervisory Board appointed Dr. Gerd Schubert (56) Chief Operations Officer and Chief Technology Officer of the Management Board of RHI AG for a period of five years with effect from January 1, 2017. Before joining RHI, Dr. Schubert held international management positions in operations as well as research and development at […]

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08.11.2016

Results of the third quarter 2016

In the first nine months of 2016, the RHI Group’s revenue dropped by 6.5% compared with the same period of 2015 and amounted to € 1,227.3 million. In the Steel Division revenue declined by 4.6% due to a weaker business development in South America, Europe and China and the opening of the product portfolio to […]

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13.10.2016

Notice to the market

Magnesita Refratários S.A. (Novo Mercado: MAGG3) (“Company”) hereby informs the Company’s shareholders and the market in general, that, in addition to the information made available in the Material Fact of October 5, 2016, Alumina Holdings, LLC (a controlling entity of the following investment funds managed by GP Investments, Ltd. or its affiliates (“GP”): GP Capital […]

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13.10.2016

Supervisory Board of RHI AG gives its approval to the resolutions proposed by the Management Board regarding the acquisition of at least 46% of the share capital in Magnesita (ad hoc)

The Supervisory Board of RHI AG gave its approval to the resolutions proposed by the Management Board regarding the acquisition of a controlling stake of at least 46%, but no more than 50% plus one share of the share capital in Magnesita (the “Transaction”) at its meeting today. The Management Board of RHI AG is […]

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05.10.2016

RHI and Magnesita to combine to create a leading refractory company (ad hoc)

RHI AG (“RHI”) and the controlling shareholders of Magnesita Refratários S.A. (“Magnesita”), investment vehicles affiliated with GP Investments (“GP”) and Rhône Capital (“Rhône”, and together with GP, “Magnesita’s Controlling Shareholders”) announce that they have reached an agreement to combine the operations of RHI and Magnesita to create a leading refractory company to be named RHI […]

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05.10.2016

RHI and Magnesita to combine to create a leading refractory company

RHI and the controlling shareholders of Magnesita, GP and Rhône (“Magnesita’s Controlling Shareholders”), have reached an agreement to combine the operations of RHI and Magnesita to create a leading refractory company. The combined company, to be named RHI Magnesita, will be established in the Netherlands and listed in London Accordingly, RHI’s Management Board has agreed […]

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05.10.2016

RHI and Magnesita to combine to create a leading refractory company (press release)

RHI and the controlling shareholders of Magnesita, GP and Rhône (“Magnesita’s Controlling Shareholders”), have reached an agreement to combine the operations of RHI and Magnesita to create a leading refractory company. The combined company, to be named RHI Magnesita, will be established in the Netherlands and listed in London Accordingly, RHI’s Management Board has agreed […]

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