Morgan Advanced Materials Finalizes Sale of 15% Stake in Foseco India for £53 Million Net Proceeds

Morgan Advanced Materials Finalizes Sale of 15% Stake in Foseco India for £53 Million Net Proceeds →

Morgan Advanced Materials plc (MGAM), a global leader in advanced ceramics and carbon systems, has completed the sale of its entire 15% stake in Foseco India Limited, consisting of 1.2 million shares. The gross consideration received was ap…