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News Union Cement to delist shares from local exchange

Union Cement to delist shares from local exchange

Written by Global Cement staff 18 April 2018
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UAE: Union Cement plans to de-list its shares from the Abu Dhabi Securities Exchange and convert the company into a private joint stock company, according to the Gulf News newspaper. India’s Shree Cement agreed to buy Union Cement for US$305m in January 2018 subject to regulatory approval. Union Cement operates a cement plant Ras Al- Khaimah.

Published in Global Cement News
Tagged under
  • UAE
  • Union Cement Company
  • Shree Cement
  • Shares
  • India
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