Eramet : The (supposed) aim of the main shareholder to evict the chair and CEO is not good news
>The Duval family reportedly wants chair and CEO Christel Bories out - According to French financial daily L’Agefi, the Duval family, the main shareholders in Eramet (37% of the capital owned via Sorame and Ceir) have written to their state-owned co1eshareholder (Agence des Participations de l’Etat, APE, 26%) to secure the ouster of chair and CEO Christel Bories. The article suggests that the Duval family are unhappy with Christel Bories’ management of: 1/ the situatio...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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