Loma Negra sells 51% stake in Yguazú Cementos in Paraguay

Loma Negra sold its 51% stake in Paraguayan cement company Yguazú Cementos to a buyer linked to the local shareholder. The transaction was announced on August 21, 2020, and proceeds will be used to repay debt.

“The result obtained by this operation is very beneficial for the Society and is in line with the maximization of value for its shareholders.”cronista.com

• 1 source
• cronista.comLoma Negra vende Yguazú Cementos, su empresa en Paraguay, para pagar deuda en la ArgentinaJuan Manuel CompteAug 23, 2020

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