Taiwan Cement Corporation acquires 100% of Cimpor

Taiwan Cement Europe Holdings B.V., a subsidiary of Taiwan Cement Corporation, notified the Portuguese competition authority of its acquisition of 100% of Cimpor Portugal Holdings SGPS, S.A. The deal values the 60% stake previously acquired from Oyak at €480 million.

“A turca Oyak vendeu 60 por cento da Cimpor à TCC por 480 milhões de euros.”plataformamedia.com

• 3 sources
• plataformamedia.comTaiwan Cement Corporation compra CimporNelson MouraJan 3, 2024
• ccf2up.comGreen light for the acquisition of Portugal’s CimporJan 28, 2024
• essential-business.ptTaiwan Cement Corporation to buy Cimpor - Essential BusinessChristopher GraemeJan 29, 2024

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