Grupo Hurtado Vicuña

Grupo Hurtado Vicuña, Holcim, and Chile's National Economic Prosecutor reached an out-of-court agreement to allow the takeover of Polpaico by the Hurtado Vicuña group. The agreement likely involves the sale of seven concrete plants to avoid excessive market concentration.

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.