Italcementi Fabbriche Riunite Cemento SpA Bergamo Finalizes Agreement with West China Cement Limited

Italcementi Fabbriche Riunite Cemento SpA Bergamo announced that it has finalized the agreement between the Italcementi Group and West China Cement Limited (WCC), after the approval of the Chinese authorities. Under the agreement, the stake in Fuping Cement and the 35% interest in the share capital of Shifeng Cement have been sold to WCC against a reserved capital increase making the Italcementi Group the third shareholder of WCC with a stake of approximately 6.25%. The agreement provides for Italcementi to have a representative on the WCC Board of Directors.