AEV subsidiary to acquire minority stake in Republic Cement for €0.2178 per share

AEV CRH Holdings, a subsidiary of Aboitiz Equity Ventures, is acquiring the 11.15% minority stake in Republic Cement & Building Materials held by the public through a tender offer at €0.2178 per share. Final payment is expected by September 30, 2017.

“A UNIT of Aboitiz Equity Ventures, Inc. (AEV) is acquiring 11.15% of Republic Cement & Building Materials, Inc. (RCBM) at a price of 0.2178 euros per share, the adjusted price after the companies closed the deal.”bworldonline.com

• 1 source
• bworldonline.comAEV subsidiary to buy out Lafarge Republic’s minority at 0.2178 euros per share - BusinessWorld OnlineJino NicolasJul 28, 2017

Summarized from public sources; check the original articles before acting on it.