Cypriot Mitica acquires five per cent stake in Titan Cement

Cypriot Mitica acquires five per  cent stake in Titan Cement
Published: 18 October 2007

Cypriot holding company Mitica has acquired a stake of about five per cent in Greece’s  Titan Cement, sources close to the matter said to Thomson Financial News.  
 
The sources explained that Mitica was making a long-term investment in Titan to achieve a capital gain.  
 
A formal announcement on the acquisition of the share stake is expected soon, the sources added.