Podilskiy Cement receives approval to buy Lvivskyi Beton, Ukraine

Podilskiy Cement receives approval to buy Lvivskyi Beton, Ukraine
24 January 2011


The Antimonopoly Committee of Ukraine granted permission to Podilskiy Cement, one of the three major producers of cement based in Kamyanets-Podilskyi, Khmelnytskyi region, to buy more than 50% of Lvivskyi Beton (Lviv), according to a statement made by the Committee.

"Granted permission to the Podilskiy Cement open joint-stock company for acquisition of the authorised share capital of the Lvivskyi Beton limited liability company (Lviv), ensuring the buyer’s excess of 50% of votes in the issuer’s highest management body," the statement said.
Published under Cement News