Cemex announces take-over bid for Trinidad Cement
Published by Joseph Green,
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
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.
World Cement Spotlight with Dracyon Corp
In this latest World Cement Spotlight Interview, Senior Editor David Bizley is joined by Jeff Shelton of Dracyon Corp.
