Ciner Enterprises Inc. Signs Definitive Agreement to Sell a Controlling Interest in Ciner Resources Corporation, Which Owns the Controlling General Partner and Limited Partner Interests in Ciner Resources LP, to Sisecam Chemicals USA Inc.

Ciner Enterprises Inc. (CEI), a wholly owned subsidiary of We Soda Ltd of London, UK, has signed a definitive agreement to sell 60% of Ciner Resources Corporation (CRC) to Sisecam Chemicals USA Inc., a wholly owned subsidiary of Turkiye Sise ve Cam Fabrikalari A.S. of Istanbul, Turkey. CRC owns an approximately 72% limited partner interest in Ciner Resources LP (NYSE: CINR) (“Ciner Resources” or the “Partnership”), as well as its 2% general partner interest and related incentive distribution rights, and so the sale of a controlling interest in CRC, if completed, will result in a change of control for Ciner Resources.

Contacts

More News

View More

Recent Quotes

View More
Symbol Price Change (%)
AMZN  205.69
+4.54 (2.26%)
AAPL  265.31
+1.43 (0.54%)
AMD  202.09
-0.99 (-0.49%)
BAC  53.31
+0.57 (1.08%)
GOOG  304.72
+1.90 (0.63%)
META  640.82
+1.53 (0.24%)
MSFT  401.07
+4.21 (1.06%)
NVDA  188.88
+3.91 (2.12%)
ORCL  156.55
+2.58 (1.68%)
TSLA  413.81
+3.18 (0.77%)
Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the Privacy Policy and Terms Of Service.