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News Titan Group’s share exchange offer fails

Titan Group’s share exchange offer fails

Written by Global Cement staff 29 January 2019
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Greece: Titan Group’s share exchange offer between its subsidiaries has failed. It blamed this on a lack of ordinary shares being tendered despite the support of Titan’s core shareholders and its board of directors. The voluntary share offer was intended to help list its shares at exchanges in Brussels and Paris. The group said that its strategy remained focused on international growth. It added that broadening sources of funding and improving access to international capital and credit markets was an important priority.

Last modified on 30 January 2019
Published in Global Cement News
Tagged under
  • Greece
  • Titan Cement
  • corporate
  • Shares
  • Belgium
  • France
  • GCW389

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