# Gamma Cementos launches tender offer for Cementos Polpaico

Gamma Cementos, through an agreement with Lafarge Holcim Ltd, launched a tender offer to acquire the 54.32% stake in Cementos Polpaico held by Lafarge Holcim, offering $7,931.6 per share, valuing the company at over US$200 million.

- Type: Acquisition
- Announced: 2017-07-17
- Where: Chile, Chile
- Value: $200.0M
- Status: announced
- Products: cement
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Cementos Polpaico](https://endata.com/companies/19907.md) (target)
- [Gamma Cementos](https://endata.com/companies/25650.md) (acquirer)
- [Lafarge Holcim Ltd](https://endata.com/companies/25651.md) (partner)

## Sources

- [segreader.emol.cl](https://segreader.emol.cl/2017/07/17/A/9G36SH2B/light?gt=134253), 2017-07-17: "Los Hurtado Vicuña a través de Gamma Cementos, firmaron un acuerdo con el controlador de Polpaico, la suiza Lafarge Holcim Ltd. para adquirir su 54,32% en la cementera, ofreciendo un pago de $ 7.931,6 por acción, valorizando a la firma en poco más de US$ 200 millones."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.
