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
Planned spin-off of Holcim’s North American business expected to occur in H1 2025
Holcim is progressing on the planned full capital market separation of its North American business, planned by way of a 100% spin-off to be listed on the New York Stock Exchange.