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.

Buzzi increases tender offer to Gulf Cement Co
After the offer document submitted on 13 March 2025 for TC Mena Holdings Ltd, a subsidiary of ...