Sinoma Cement to acquire Votorantim Cimentos Tunisie from Votorantim Cimentos for $130m.

Synopsis

Sinoma Cement, a cement based building materials enterprise, agreed to acquire Votorantim Cimentos Tunisie from Votorantim Cimentos, a cement company, for $130m.

Principals

target

Votorantim Cimentos Tunisie

bidder

China National Building Material Company

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Market Context