# Trinidad Cement to acquire remaining shares of Readymix West Indies

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.

- Type: Acquisition
- Announced: 2020-05-01
- Where: Trinidad & Tobago
- Status: announced
- Products: cement, concrete
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Trinidad Cement Limited](https://endata.com/companies/20463.md) (acquirer)
- [Readymix (West Indies) Ltd](https://endata.com/companies/24672.md) (target)

## Sources

- [newsday.co.tt](https://newsday.co.tt/2020/05/01/readymix-being-de-registered/), 2020-05-01: "TCL will pay $11 or US$1.62 per share to acquire the outstanding shares that it does not already hold in the company."

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