Cement News tagged under: Grupo Camargo Correa

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InterCement plans asset swap with Votorantim

07 May 2012, Published under Cement News

InterCement, the cement unit of Brazilian industrial conglomerate Grupo Camargo Correa, on Sunday provided further details regarding its bid to acquire Cimpor. Camargo Correa said it hasn't changed its March 30 offer of EUR5.5 per Cimpor share, and said that payment would be made immediately after the offer closes, in cash, according to a report by Dow Jones News Service. The company stressed that Cimpor would remain a Portuguese company, and retain the same brand, and that it would be str...