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/
