Five firms shortlisted in Uniland sale, Spain
Five companies have been shortlisted for the sale of a 73.7 per cent stake in Barcelona-based cement maker Uniland, report local press.
The stake is worth some EUR1.5bn and Lazard Ltd (LAZ) is advising Uniland on the operation, which is expected to be carried out before summer.
The five companies include two Spanish firms - Fomento de Construcciones y Contratas SA’s (FCC) unit Portland Valderrivas, and Cementos Molins; a unit of Brazil’s Votorantim Celulosa e Papel (VCP); Greece’s Titan Cement SA and investment firm Prides Capital. [Original: Expansion]. Published under Cement News
