Eramet : SLN takes measures to avoid payment default
>SLN: preventative measures against the risk of payment default - According to the French press agency (AFP), on 2 September Société le Nickel (SLN), subsidiary of Eramet in New Caledonia, asked the presiding judge at the commercial court to appoint a purpose trustee to assist the group. This procedure aims to find an amicable resolution to its difficulties in order to head off a payment default by February 2021. Note that the Société Le Nickel (SLN) generated an EBIT...Eramet is a mining and metallurgical group, which specializes in the extraction, production and marketing of non-ferrous metals, their chemical derivatives, alloys and superalloys, and parts. Co.'s operations are divided into three divisions: Nickel division which focuses on nickel and its derivative applications; Manganese division which focuses on manganese alloys, manganese chemical derivatives and provides recovery and recycling services of metals contained in oil-industry catalysts, electric batteries and acid solutions; and Alloys division which produces and sells special high-performance steels, superalloys and pre-machined parts based on these materials or aluminium and titanium.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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