Mergers & Acquisitions ·
The Peruvian Securities Market Superintendency (SMV) declared void the first call for the selection process to appoint…
CPACCementos Pacasmayo Saa
The Peruvian Securities Market Superintendency (SMV) declared void the first call for the selection process to appoint a valuation entity responsible for determining the minimum price for Holcim Ltd.'s tender offer for Cementos Pacasmayo S.A.A. shares. This regulatory setback halts the current procedural step in the acquisition process, potentially delaying the transaction timeline and introducing uncertainty regarding the final pricing mechanism and completion of the deal. The company operates in the cement manufacturing industry.