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Sierra Trading, Via CEMEX Now Majority Shareholder Of Trinidad Cement Limited

Sierra Trading, Via CEMEX Now Majority Shareholder Of Trinidad Cement Limited

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Sierra Trading, an indirect subsidiary of CEMEX is now the majority shareholder of Trinidad Cement Limited having successfully executed a takeover offer earlier this year acquiring an additional 114 million shares at a cost of US$86 million dollars. Sierra Trading now has 262 million shares representing approximately 70% of Trinidad Cements total issued and outstanding shares.BM

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