LafargeHolcim Makes Offer For Heracles Remaining Stake
The globe's largest cement creator LafargeHolcim has proposed to buy out the remaining shares it hasn't acquired, in Greek company Heracles.
The cement maker already owns approximately 90% of Heracles; under Greek law LafargeHolcim must put an offer for the left over shares.
LafargeHolcim will pay the purchasing price of 1.23 euros a share for the 11% remainder, according to Reuters. Heracles is the nation's biggest cement manufacturer.
(Source: Reuters)
Tagged under
Related items
-
Greece missing big gains in global olive oil trade
-
Trump thanks Greece among UN SC members for vote
-
Djokovic charms Athens crowd, calls Greece 'second home'
-
Two Americans and 25 European ministers in Greece for the EU’s energy independence
-
Why Turkey wants the Eurofighters - Germany's pivotal role and the implications for Greece
