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Italmobiliare's stake in Italcementi drops to 44.32%

Italian investment holding Italmobiliare has decreased its stake in Italcementi, the Italian building materials producers, from 60.262%, retained since April 2009, to 44.32%. The reduction is the effect of the compulsory conversion of Italcementi savings shares into ordinary ones as part of the rationalisation of the group's control chain.
June 12, 2014 Read time: 1 min

Italian investment holding 2842 Italmobiliare has decreased its stake in Italcementi, the Italian building materials producers, from 60.262%, retained since April 2009, to 44.32%.

The reduction is the effect of the compulsory conversion of Italcementi savings shares into ordinary ones as part of the rationalisation of the group's control chain.

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