India: JSW Cement has acquired a promoters' share in Shiva Cement and has also launched an open offer to acquire a 32% stake from public shareholders in the company. JSW Cement, with Sun Investments Private and Reynold Traders, has made an open offer to the public equity shareholders of Shiva Cement to buy up to a 32% share in the company at a value of US$12.8m. In late September 2016 promoters of Shina Cement held a 37.15% stake, while public shareholders held the remaining 62.85%, according to Indian media.
JSW Cement makes open offer to buy out Shiva Cement
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2 - 3 February 2017, Barcelona, Spain
The 11th Global CemFuels Conference & Exhibition will take place on 2 - 3 February 2017 in Barcelona, Spain. Global CemFuels has established itself as the largest specialised annual alternative fuels conference in the world, attracting international delegates from more than 30 countries each year.
If your business is in alternative fuels for the cement and lime industry, you must attend!