Europa Nord America Centro America Sud America Africa Asia Oceania

Home | ©2012 La Finanza sul Web | Articolo visto 9487 volte 15 febbraio 2012

AGREEMENT WITH CIMSA FOR THE SALE OF THE ENTIRE SHAREHOLDING IN AFYON

Di Redazione  •  Inserito in: Flash, Notizie dalle Società

Bergamo, 15 February 2012 – As a result of the already announced structured sale process initiated by Ciments Francais for the sale of its entire shareholding in Afyon Cimento Sanayii Turk A.S. (“Afyon”) a share purchase agreement (SPA) has been executed on February 15, 2012 between Cimsa Cimento Sanayi ve Ticaret A.S. (“CIMSA”) and Ciments Français with its wholly owned subsidiary Parcib, for the sale of shares representing 51% of the share capital of Afyon corresponding to a total nominal value of TL 1,530,000 The agreed purchase price is TL 57,530,000 (equivalent to approximately 25 million euro). The transfer of Sale Shares to CIMSA and payment of the Purchase Price shall be realized upon closing after obtaining the Competition Board Approval and fulfilling the other transactions foreseen in the SPA. The Purchase Price shall be subject to customary pre and post-closing adjustments in line with the provisions of the SPA.

As of the closing of this agreement, and following the sale of Set Group in 2011, the Italcementi Group will be no longer an active producer in the Turkish cement market
.

ScarsoMediocreSufficienteDiscretoBuono
Loading ... Loading ...

Autore: Redazione » Articoli 667 | Commenti: 159

Seguimi su Twitter | Pagina Facebook

0 Commenti   •  Commenta anche tu!

Nessun Commento ancora. Vuoi essere il primo?

Lascia un commento   •   Leggi le regole

L'indirizzo email non verrà pubblicato. I campi obbligatori sono contrassegnati *

È possibile utilizzare questi tag ed attributi XHTML: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>

Abbonati

Ogni nuovo post ti verrà inviato alla tua casella email

Inserisci la tua email: