Holcim: no plans for Cimpor counterbid

Holcim: no plans for Cimpor counterbid
Published: 14 January 2010

Holcim has no plans to make a counterbid for Cimpor, Portugal’s largest cement producer, a senior official said on Thursday.

"No plan, absolutely no plan," Paul Hugentobler, a member of Holcim’s executive committee, told reporters on the sidelines of an industry conference in the Indian capital, when asked whether Holcim was interested in Cimpor and looking for a counterbid.