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InterCement buys stock in Cimpor

The cement holding company Camargo Corrêa Cimentos Luxembourg has sold some 30,174,446 shares of its Portuguese cement company Cimpor to InterCement Austria Holding at a single price of €3.20 or €91.42 million in total. It is reported that CCC Luxembourg now controls 19.55% of the voting capital of Cimpor in a direct way and also 74.64% indirectly which represents 501,580,368 shares via its subsidiary InterCement Austria.
August 4, 2015 Read time: 1 min

The cement holding company Camargo Corrêa Cimentos Luxembourg has sold some 30,174,446 shares of its Portuguese cement company 1347 Cimpor to InterCement Austria Holding at a single price of €3.20 or €91.42 million in total.

It is reported that CCC Luxembourg now controls 19.55% of the voting capital of Cimpor in a direct way and also 74.64% indirectly which represents 501,580,368 shares via its subsidiary InterCement Austria.

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