Yura sells stake in Chile’s Cementos Bio Bio for US$100M
Peruvian company Yura, a subsidiary of Grupo Gloria, has sold its 19.71 per cent stake in Chilean cement producer Cementos Bio Bio (CBB) to Belgium’s Carmeuse Holding for more t...
Cementos Bio Bio
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Earnings down at Cementos Bio Bio as takeover deadline looms
Cementos Bio Bio (CBB) reported a sharp decline in earnings and revenues for 1H25, just one week before the close of a takeover bid by Belgian industrial minerals group Carmeuse...
Chile's Cementos Bio Bio poised for European takeover
The board of Cementos Bio Bio ( CBB) says that its main shareholders – Inversiones Cementeras Ltda, Inversiones La Tirana Ltda, Normex SA, Inversiones Toledo SA, Tralcan SA and ...
Mississippi Lime Co withdraws from Bío Bío acquisition
USA-based Mississippi Lime Co has stepped back from purchasing a stake in Chilean cement producer Cementos Bío Bío (CBB) . This will enable Yura Chile, part of Peru's Gloria Gro...
Yura improves Cementos Bío Bío offer
Following Mississippi Lime Co’s US$500m offer for a stake in Chile-based cement producer Cementos Bío Bío, Grupo Gloria-owned Yura has improved its initial offer of CLP1092.10 (...
US group offers US$500m for Cementos Bío Bío
Chile-based Cementos Bío Bío revealed that on 29 May it received an offer from US group Mississippi Lime Co to acquire 100 per cent of the company and that the shareholders are ...
Yura announces bid to acquire stake in Cementos Bío Bío
Yura Chile SA, part of Peru's Yura (Gloria Group), has announced the start of a public offer for the acquisition of shares in Chile to purchase a stake of up to 20.059 per cent ...
Cementos Bio Bio reports sees 2Q profit surge
Chile-based Cementos Bio Bio SA (CBB) reported sales of CLP84.283bn (US$92.2m) in the second quarter of 2024, up 2.1 per cent from CLP82.569bn in the year-ago period. Profit bef...
CBB posts 132% surge in 1Q income
Chile-based CBB reported sales of CLP97,781.67m (US$102.83m) in the 1Q24, up 11.1 per cent from CLP87,989.15m in the equivalent period of the previous year. In the 1Q24 EBITDA r...
CBB to implement a new AF project at Teno
CBB and Ambipar Environment’s general managers announced the implementation of a project that will enable the cement producer to recover energy from non-recyclable waste at CBB’...