Camargo poised to control 86% of Cimpor stock
First publishedon www.AggBusiness.com
The Brazilian industrial group Camargo Correa is poised to control 86% of the stock of the Portuguese cement group Cimpor following the closure of the public offering period.
The group presently controls 65% of Cimpor stock, but the stake will increase to 86% if it is successful in an attempt to acquire Votorantim’s stock.
