Votorantim

100 posts · Page 10 of 10

No asset sales in proposed Cimpor buyout

No asset sales in proposed Cimpor buyout

Jose Barros Franco, chief executive of Intercement, a subsidiary of Brazil's second-largest construction group Camargo Correa does not expect to have to sell any assets if its b...

Cimpor acquisition good for competition

Cimpor acquisition good for competition

The buyout of Cimpor, Portugal, by Camargo Corrêa of Brazil would improve competition by reducing the market share of dominant player, Grupo Votorantim, according to Brazil’s an...

Camargo Corrêa in Cimpor bid

Camargo Corrêa in Cimpor bid

Camargo Corrêa and Brazilian competitor Votorantim Cimentos SA bought separate stakes in Cimpor in early 2010. Camargo currently claims to hold around a 33.25% stake in Cimpor a...

Camargo Correa bids for Cimpor

Camargo Correa bids for Cimpor

Camargo Correa has announced a €2480m bid for Cimpor at €5.50 per share, a 10% premium on the pre-offer share price. InterCement Austria, a wholly-owned subsidiary of Camargo Co...

Votorantim Cimentos sells 30-year bonds, Brazil

Votorantim Cimentos sells 30-year bonds, Brazil

Votorantim Cimentos of Brazil completed a US$500m sale in the US credit markets Thursday, according to a person familiar with the issue. The 30-year bond deal was a reopening or...

Votorantim steps up performance

Votorantim steps up performance Premium

Brazil’s market leader, Votorantim Cimentos, is embarking on a new phase of growth, which will see the company not only consolidate its local market position, but expand activit...