Alexandria Development makes offer for remainder of Alexandria Portland Cement

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Egypt: Alexandria Development Ltd, which owns an 88.93% stake in Alexandria Portland Cement, has submitted an offer for the remaining 11.07% of the company. In a statement to the Egyptian Exchange it stated its intention to delist Alexandria Portland Cement after completing its acquisition of the latter. Alexandria Development Ltd’s indirect owner is Greece-based Titan Cement.

Last modified on 11 December 2019

URL: https://globalcement.com/news/item/10193-alexandria-development-ltd-makes-offer-for-remainder-of-alexandria-portland-cement

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