Italcementi SpA’s takeover offer for ASEC Cement has won acceptances totaling 98.5% of the Egyptian company’s capital, a financial source said. The figures are preliminary, the source said, adding that final and official data are due next week. The bid, which closed yesterday, was carried out by Suez Cement Company, a 57%-owned unit of Italcementi’s overseas asset holding Ciments Francais SA.
Crown Cement earned a profit after tax of BDT1001m in FY24
Crown Cement PLC, in Bangladesh, recently released its annual report for FY23-24. During the las...