Cimpor to sell subsidiaries

Cimpor is expected to raise €58million through the sale of its shareholdings in C+PA and Cementos del Marquesado. The company currently owns a 48% stake in C+PA and a 27% holding in Cementos del Marquesado for which it hopes to raise €47.2million and €11.05million, respectively.
April 3, 2012 Read time: 1 min

1347 Cimpor is expected to raise €58million through the sale of its shareholdings in C+PA and 1353 Cementos del Marquesado. The company currently owns a 48% stake in C+PA and a 27% holding in Cementos del Marquesado for which it hopes to raise €47.2million and €11.05million, respectively.

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