Secil bids for Libyan plant

Secil bids for Libyan plant
Published: 24 January 2006

Portuguese cement producer Secil has launched a bid for the acquisition of a cement plant in Libya, Portuguese daily Jornal de Negocios said on January 24, 2006. The Libyan plant is currently slated for privatisation and Secil targets the controlling stake in it, or 50 per cent of the stake plus one share, the same source said. No information was available on the value of the Secil offer and the location of the plant.