Brief: DMC Global Announces Strategic Alternatives Process For DynaEnergetics, NobelClad Businesses

Dmc Global

29/01/2024 13:59

Jan 29 (Reuters) - DMC Global Inc  BOOM.O :
    * DMC GLOBAL ANNOUNCES STRATEGIC ALTERNATIVES PROCESS FOR
DYNAENERGETICS AND NOBELCLAD BUSINESSES
    * DMC GLOBAL INC - BOARD HAS NOT SET A TIMETABLE TO COMPLETE
STRATEGIC REVIEW PROCESS
    * DMC GLOBAL - RETAINED FINANCIAL ADVISOR, MAY RETAIN OTHER
ADVISORS TO ASSIST BOARD IN EVALUATING DMC'S CURRENT STRATEGY,
OPERATIONS,CAPITAL STRUCTURE
    * DMC GLOBAL INC - WILL CONSIDER VARIOUS STRATEGIC,
BUSINESS, AND
FINANCIAL ALTERNATIVES FOR DMC'S DYNAENERGETICS AND NOBELCLAD
BUSINESSES
    * DMC GLOBAL INC - ALTERNATIVES COULD INCLUDE SALE MERGER OR
OTHER
BUSINESS COMBINATION OF PORTION OF DMC'S BUSINESS-UNIT ASSETS
    * DMC GLOBAL - DURING REVIEW PROCESS, BOARD, MANAGEMENT TEAM
WILL
CONTINUE TO EXECUTE DMC'S STRATEGY, WILL REMAIN VERY FOCUSED ON
RUNNING BUSINESSES

Source text for Eikon:  ID:nGNX904BkS 
Further company coverage:  BOOM.O 

 ((Reuters.Briefs@thomsonreuters.com;))