The 5.8 per cent stake acquisition of Suez Cement by Ciments Francais was executed yesterday at a price pertaining to US$12.87/share.
This ultimately leaves Ciments Francais’ stake at a higher 40 per cent, while other shareholders include Torah Cement, which enjoys a 4.74 million share holding (7.4 per cent), and National Cement (NCEM.CA) which owns 4.03 million shares.