Skip to main content

Cemex announces take-over bid for Trinidad Cement

Published by , Editor
World Cement,


Reuters is reporting that Cemex has announced a takeover bid for Trinidad Cement at 33.1% premium.

Cemex intends to consolidate Trinidad Cement Limited and its subsidiaries.

Full acceptance of the offer would result in a cash payment by Sierra of approximately US$89 million.

Read the article online at: https://www.worldcement.com/the-americas/06122016/cemex-announces-take-over-bid-for-trinidad-cement/

You might also like

World Cement podcast

The World Cement Podcast

In this special joint episode of the World Cement Podcast, and Cementing Europe’s future, the podcast of CEMBUREAU, David Bizley and Koen Coppenholle take a deep dive into the Clean Industrial Deal and a discussion of what it means for the European cement industry.

Listen for free today at www.worldcement.com/podcasts or subscribe and review on your favourite podcast app.

Apple Podcasts  Spotify Podcasts  YouTube

 
 
 

Embed article link: (copy the HTML code below):


 

World Cement is not responsible for the content of external internet sites.