Magris Resources to Buy Imerys’ N. America Talc Assets for $223m

Magris Resources Canada entered into a stalking-horse agreement to buy the North American talc businesses of Imerys, which previously filed for Chapter 11 bankruptcy, for $223m, the company says in a statement.

• The deal is expected to close late 2020 or early 2021
• NOTE: Earlier, Talc Miner Imerys Strikes Deal to Resolve 14,000 Lawsuits

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Eduard Gismatullin

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