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
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.
Filter Bags For The Future
César Javier Alanis Cruz, W. L. Gore & Associates, presents a case study from Cementos y Concretos Nacionales, highlighting how the plant enhanced production and extended filter life by optimising its coal mill baghouse filtration system.