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Portland Cement Sells Its Stake in Keystone Cement for 105 Million and Achieves 55 Million Surplus Value
Summary by Forbes España
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Cementos Portland Valderrivas, participated to 99.52% by Inmocemento and head of the cement area of the group, has reached a binding agreement with its partners in Keystone Cement for the sale of 100% of the capital of this company to Titan America for an approximate price of 310 million dollars (266.2 million euros). [...] The entry Cementos Portland sells its share in Keystone Cement for 105 million and achieves surplus value of 55 million app…
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