Peru regulator requires ASPI to expand disclosures on Cementos Pacasmayo offer
Bitget2026/10/28 23:51- Peru’s securities regulator on October 28, 2026, required ASPI to expand disclosures on its offer for Cementos Pacasmayo.
- The offer, launched October 21, targets up to 211,882,902 common voting shares, representing a 49.99% stake.
- The regulator flagged inconsistencies with the simultaneous US offer, requesting acquisition terms, due diligence findings and valuation details.
- ASPI must address the findings within three business days of the business day following notification.
- Holcim acquired 99.99% of ASPI on March 30, gaining indirect control of a 50.01% stake in the cement producer.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Citi: Occidental Petroleum (OXY.US) Q3 cash flow surpasses expectations, accelerated debt repayment cannot hide concerns over Q4 output
Citi published a research report maintaining Occidental Petroleum's "Neutral" rating, with a target price of $65.
WikiLeaks Founder Julian Assange Welcomes Daughter With Terminator Quote
Bank of Japan minutes turn hawkish: Most members believe a rate hike is needed soon, with a 70% probability of a hike in December
Minutes from the Bank of Japan show that several members believe a rate hike is needed in the near term, with a roughly 70% probability of an increase in December. Core inflation has met the target for the first time in 30 years, and the current policy rate stands at 1.25%.
Former Chainlink Product Marketing Director Michael Robinson joins Monad Foundation
Crypto prices
More
