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Trinidad Cement Ltd (TCL) is proceeding with the acquisition of all outstanding shares of Readymix West Indies Ltd, following a SEC order to de-register Readymix as a reporting issuer. TCL will pay $13.42 per share to minority shareholders.
“TCL will pay $11 or US$1.62 per share to acquire the outstanding shares that it does not already hold in the company.”newsday.co.tt
Summarized from public sources; check the original articles before acting on it.