Inversa launches offer to consolidate control of Cementos Bío Bío

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Chile: Invesa has launched a public offer to increase the shares its holds in Cementos Bío Bío. The move follows its acquisition of a 13.1% share in the cement producer from Brazil’s Votorantim for around US$46m in November 2017, according to the Diario Financiero newspaper. The latest acquisition bid could see Invesa hold a 79% share of Cementos Bío Bío, combining other shares owned by other business that the Invesa family owns.

Last modified on 20 December 2017

URL: https://globalcement.com/news/item/6877-inversa-launches-offer-to-consolidate-control-of-cementos-bio-bio

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