Peru: Jidong to finalise acquisition talks

Peru: Jidong to finalise acquisition talks
Published: 08 January 2015

The Jidong Development Group of China may finalise discussions over the takeover of Peruvian cement firm Cementos Interoceanicos in the next few weeks, Esmerk Latin American News reported on Wednesday.

Jidong representatives have visited Cementos Interoceanicos’ activities in Puno, southeast Peru, as part of the negotiation process, the report stated, adding that the Peruvian company is currently developing its manufacturing facility in the region.