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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Buzzi Spa | BIT:BZU | Italy | Ordinary Share |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| -0.02 | -0.05% | 39.76 | 39.30 | 40.10 | 39.96 | 39.42 | 39.66 | 354,410 | 16:40:00 |
From May 2019 to May 2024
By Adriano Marchese
The Brazilian Companhia Nacional de Cimento said Tuesday that it has acquired the businesses of CRH PLC in Brazil for an agreed price of $218 million.
The company --a wholly owned subsidiary of BCPAR-- said that the acquisition will strengthen its production in Brazil. In 2019, CRH Brazil sold approximately 2.5 million tons of cement.
Italy's Buzzi Unicem, which holds a 50% share in BCPAR in a joint venture with Grupo Ricardo Brennand, will finance the Companhia Nacional de Cimento, at an arm's length basis, for a maximum amount equal to the expected consideration.
Write to Adriano Marchese at adriano.marchese@wsj.com
(END) Dow Jones Newswires
October 27, 2020 12:49 ET (16:49 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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