After the closing, Italcementi will be required to adopt certain structural remedies, consisting of the divestiture of some plants, and behavioral measures. Italcementi will select the facilities to be divested among those identified by AGCM, which has established precise alternative solutions, with specific timeframes and procedures.
Closing of the transaction is expected in the first days of January 2018, once all requirements and respective preliminary obligations provided for in the agreement with Italcementi S.p.A. are fulfilled.
CEMENTIR HOLDING is an Italian multinational company that produces and distributes grey and white cement, ready-mixed concrete, aggregates and concrete products. Cementir Holding is part of Caltagirone Group and has been listed on the Italian Stock Exchange since 1955, currently in the STAR segment. Through its subsidiaries Aalborg Portland, Cimentas and Cementir Italia, Cementir Holding operates in 18 countries across 5 continents.Media Relations | Investor Relations |
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Cementir Holding S.p.A. published this content on 20 November 2017 and is solely responsible for the information contained herein.
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