Stake acquisition of Suez Cement by Ciments Francais

Stake acquisition of Suez Cement by Ciments Francais
05 January 2005


The 5.8 per cent stake acquisition of Suez Cement by Ciments Francais was executed yesterday at a price pertaining to US$12.87/share. 
This ultimately leaves Ciments Francais’ stake at a higher 40 per cent, while other shareholders include Torah Cement, which enjoys a 4.74 million share holding (7.4 per cent), and National Cement (NCEM.CA) which  owns 4.03 million shares. 

 

Published under Cement News