Report
Sven Edelfelt

Imerys : The prisoner of Luzenac released from jail

>Judge in Delaware court (finally) validates the agreement - The court of the district of Delaware (US) yesterday approved the reorganisation plan and has decided to submit it to be voted by the creditors and plaintiffs. This is a crucial step in the final resolution of the historical liabilities related to the talc business in North America has been achieved. The judge dismissed Johnson & Johnson's claim that Imerys was using its insurance policies (clearly wrongly)...
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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