Cimpor stake bought by Lafarge

Cimpor stake bought by Lafarge
Published: 24 December 2003

Cimpor Cimentos de Portugal SA said France's Lafarge paid 4.07 eur per share for the additional 17,742,705 shares or 2.64 per cent stake it bought in the Portuguese cement maker on Monday from Cementos Molins SA.  This price would value the stake at Euro 72.2m The purchase lifted Lafarge's holding to 13 per cent.  Cimpor shares yesterday closed up Euro 0.08 or 1.97 per cent at Euro4.15 with 5 mlllion shares traded.