Italcementi trading suspended after HeidelbergCement purchase

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Italy: Trading in Italcementi was suspended due to an excessive rise on 29 July 2015 after the announcement on 28 July 2015 that German rival HeidelbergCement was buying a controlling stake of 45% at a price of Euro10.60/share, according to ANSA. The share price, which closed at Euro6.59, would have shot up by 50.9%, but trading was suspended.

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URL: https://www.globalcement.com/news/item/3947-italcementi-trading-suspended-after-heidelbergcement-purchase

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