India Cements sees investors increase stake
The Damani family, one of India’s wealthiest, further increased their stake in India Cements from 11.98 per cent to 16 per cent through open market transactions on 16 March. Thi...
Stake
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Titan buys back IFC minority stake in SE Europe/Egypt units
Greece-based Titan said that its board of directors has approved the acquisition of the minority stakes held by the International Finance Corp in its units in Egypt and four cou...
Cevian Capital announces stake in CRH
Europe's largest activist investor, Cevian Capital, has announced that it has built up a stake in CRH to become its second-biggest individual investor. "The group has many stron...
Canada: Quebec state investment fund to take controlling stake in McInnis
The Caisse de Dépôt et Placement du Québec has agreed to plans to inject an additional CAD250m (US$193m) into McInnis’s Port-Daniel integrated plant project under a deal which s...
Vietnam: government to sell Vicem stakes
According to a local news source, the Ministry of Construction is set to divest its stakes in Vicem through an initial public offering in 4Q16. Cement producer Vicem currently c...
Shriram EPC to raise INR4bn for cement works
India-based Construction and engineering company Shriram EPC Ltd expects overseas private equity investors to pick up a 30-35 per cent stake in Shree Satyajyothi Cements in the ...