Titan subsidiary purchases EBRD’s stake in ANTEA CEMENT SHA
Published by Rosalie Starling,
Editor - Hydrocarbon Engineering
World Cement,
Alvacim Ltd, a subsidiary of the Titan Group, has purchased the 20% stake held by the European Bank for Reconstruction and Development (EBRD) in ANTEA CEMENT SHA (ANTEA), a Titan Group subsidiary in Albania.
As a result of this purchase, the Titan Group holds 80% of ANTEA’s share capital, whereas the remaining 20% is held by the International Finance Corporation (IFC).
Adapted from press release by Rosalie Starling
Read the article online at: https://www.worldcement.com/the-americas/06022015/titan-subsidiary-purchases-ebrds-stake-in-antea-cement-sha-287/
You might also like
World Cement Podcast
In the latest episode of the World Cement Podcast, Senior Editor David Bizley is joined by Dr Andrew Minson of the GCCA to discuss the ins and outs of the recently launched Low Carbon Ratings (LCR) system.
Molins announce first quarter results
Net profit reached €48 million, equivalent to earnings per share of 0.73 euros, 6% lower than the same period of the previous year.
