Buzzi Unicem proposes to acquire SACCI

Buzzi Unicem proposes to acquire SACCI
Published: 19 March 2015


Buzzi Unicem is offering EUR120m for a 99.5 per cent stake in SACCI and the simultaneous relief of all outstanding liabilities from a previous debt restructuring agreement.  The proposal is seen as a further step in the consolidation of the fragmented Italian cement industry, where Buzzi Unicem is the second largest producer behind Italcementi. 

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