Mytilineos S.A. (ATSE:MYTIL) agreed to acquire Volterra SA from Avax S.A. (ATSE:AVAX) for ?24 million on August 9, 2023. On the date of the transfer, AVAX will receive the amount of ?6 million as payment and further ?7 million as advance payment against the additional price. The transaction is subject to all necessary approvals from the Hellenic Competition Commission and other authorities.