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Gamma Cementos, through an agreement with Lafarge Holcim Ltd, launched a tender offer to acquire the 54.32% stake in Cementos Polpaico held by Lafarge Holcim, offering $7,931.6 per share, valuing the company at over US$200 million.
Holcim announced the sale of its 54.32% stake in Cementos Polpaico to Grupo Hurtado Vicuña via a tender offer. The deal values the stake at approximately 7700 Chilean pesos per share.