Cimpor expects to raise EUR58m through sale of subsidiaries

Cimpor expects to raise EUR58m through sale of subsidiaries
14 May 2010


Cimpor is expected to raise EUR58m through the sale of its shareholdings in Portuguese Cimento E Produtos Associados, S.A (C+PA) and Cementos del Marquesado.

The company currently owns a 48% stake in C+PA and a 27% holding in Cementos del Marquesado (Spain) for which it hopes to raise €47.2m and €11.05m, respectively.


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