Voluntary buyout offer for Volkskcement

Voluntary buyout offer for Volkskcement
Published: 02 April 2008

Local media have reported that Alfa Cement, which owns a major stake in Volskcement, has made a voluntary offer to buy out the latter’s securities at $380 a share against the current stock price of around $360. The deadline for accepting the offer is April 11, 2008 and, consequently, shares will be paid within a month.