23/12/2020 - 14:33

Altech seals €5 million sale of German subsidiary interest

23/12/2020 - 14:33

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ASX-listed high purity alumina hopeful, Altech Chemicals has finalised the terms of a staggered €5 million sale of a 25 per cent interest in German subsidiary, Altech Industries Germany to Frankfurt Stock Exchange-listed Altech Advanced Materials. Perth-based Altech, who retains ownership of the other 75 per cent of AIG, says it has now received the initial cash payment of €250,000 under the terms of the agreed deal.

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