Cementos Portland Valderrivas said on Wednesday it now controlled 96 per cent of the share capital of rival cement manufacturer Cementos Lemona after a public takeover offer. Valderrivas, which is a unit of construction group Fomento de Construccciones y Contratas, said it received acceptances from shareholders representing 65.3 per cent of Lemona’s share capital. Valderrivas already owned 30.7 per cent of Lemona. Published under Cement News
Cementos Portland Valderrivas said on Wednesday it now controlled 96 per cent of the share capital of rival cement manufacturer Cementos Lemona after a public takeover offer. Valderrivas, which is a unit of construction group Fomento de Construccciones y Contratas, said it received acceptances from shareholders representing 65.3 per cent of Lemona’s share capital. Valderrivas already owned 30.7 per cent of Lemona. Published under Cement News
Sign up for our Daily News Service
Our editors' pick the top news delivered to your inbox each day.
Sign up for the daily email