"There isn’t any change in the position of this company regarding Cimpor," Camargo Corrêa said in a statement.
Meanwhile, a spokeswoman at Portugal’s CMVM market regulator said on Thursday, Portuguese cement maker Cimpor is unaware of any contacts between its Brazilian shareholders Camargo Corrêa and Votorantim to launch a takeover bid for Cimpor.
"CMVM contacted Cimpor’s board which said it has no knowledge of any contacts between shareholders Camargo Corrêa and Votorantim to launch a takeover bid," the CMVM spokeswoman said.
Camargo Corrêa and Votorantim currently hold a combined 54.1% of Cimpor.