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Country-Plan Projects and Tenders |
| 9637 Subject |
زيادة في رأس مال شركة الاسمنت الإيطالية الي 2.5 مليار جنيه لإتمام شراء شركة أسيك للاسمنت بمبلغ 336 مليون دولار Suez Cement Co. SAE, majority controlled by Italcementi of Italy, getting its shareholders approval to increase its issued & paid up capital by L.E. 2.5 billion. |
| Date Published | Sunday, November 13, 2005 |
| Source Name | Al Alam Al Yom |
| Location Name | Suez |
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Description Date Format: (mm/dd/yyyy) |
Suez Cement Co. SAE majority controlled by Italcementi of Italy has obtained its shareholders approval to increase its issued & paid up capital by L.E. 2.5 billion. Measure will be executed by the issuance of capital increase shares with the first trench of 43,333,000 shares to be offered at L.E. 45 per share worth about L.E. 1.95 billion. As to the second trench it would involve further 11,666,000 shares worth L.E. 523.6 million. That took place to enable finance Asec Cement Co. deal valued $ 336.2 million. |
| Sectors Section |
Beneficiary Sectors - Industry Cement |