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Cementos Portland Valderrivas SA Exchanges Its Stake in Lemona SA for CRH Plc’s Stake in Corporacion Uniland SA


Monday, 25 Feb 2013 01:54pm EST 

Cementos Portland Valderrivas SA (Cementos) announced that it has agreed with CRH Plc to exchange a 26.3788517% stake that CRH Group holds in Corporacion Uniland SA for a 98.7517% stake that Cementos holds in Lemona SA. As a result of the agreement, Cementos will hold indirectly a 99.999955% stake in Corporacion Uniland SA. Both companies also agreed to formalize the contract of acquisition by CRH Group of a 100% stake in Southern Cement Ltd. 

Company Quote

5.4
0.08 +1.50%
11:35am EDT