Brief: Titan Cement Sells Its Adocim Stake For $87.5 Million

Titan SA

19/02/2025 07:45

Feb 19 (Reuters) - Titan Cement International SA
 TITC.BR :
    * TO SELL ITS 75% STAKE IN ADOCIM FOR $87.5 MILLION
    * SHARES ARE SOLD TO MUGLA CIMENTO (50%) AND YURT CIMENTO
(25%)
    * DEAL IS EXPECTED TO FINALIZE IN Q2 2025


Further company coverage:  TITC.BR 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 587785269;))