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| Cementos Lemona to be delisted The Executive Committee of Spain's National Securities Market Commission (CNMV) has resolved to delist the shares of Cementos Lemona in response to a request by the company itself, since Cementos Portland Valderrivas owns 97.87% of the shares. In January 2006, Cementos Portland Valderrivas, a subsidiary of FCC, presented a tender offer for 100% of Cementos Lemona at 32 euro per share. Since it already owned 30.7%, the offer was for the remaining 69.3%. The tender offer was a success and Cementos Portland Valderrivas had acquired 96.06% of the shares. Subsequently, all other shareholders of Cementos Lemona were given the opportunity to sell at the same price. write your comments about the article :: © 2006 Construction News :: home page |