Report
Sven Edelfelt

Imerys : Key stage in vote passed with distinction!

>Claimants approve reorganisation plan by 79.7% - Imerys yesterday announced that the plan of reorganisation put forward by the group’s North American talc entities had received the necessary majority support of the creditors and claimants in the US talc-related litigation. The vote passed with 79.7% in support vs an approval threshold of 75%. This is a crucial stage and opens the way to a definitive resolution of the long-standing liabilities related to the talc busi...
Underlying
Imerys SA

Imerys is engaged in the production and the processing of minerals. Co.'s operations can be divided into four business groups: Minerals for Ceramics, Refractories, Abrasives and Foundry (minerals mainly for floor tiles, sanitaryware, porcelain, mobile energy as well as high-temperature and abrasive industries); Performance and Filtration Minerals (plastics, rubber, coatings, sealants and adhesives, health, beauty and filtration of nutrition liquids); Pigments for Paper (filler and coating products for paper) and Materials and Monolithics (construction materials in clay and slate and monolithic products and solutions for high-temperature industries).

Provider
Oddo BHF
Oddo BHF

​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.

Analysts
Sven Edelfelt

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