RegulatoryMay 27, 2026, 09:36 AM
Cementos Pacasmayo Details Holcim Acquisition Price & OPA Factors
AI Summary
Cementos Pacasmayo S.A.A. responded to the Superintendencia del Mercado De Valores (SMV) regarding Holcim Ltd.'s indirect acquisition of a 50.01% stake, which triggered a mandatory public tender offer (OPA). The company confirmed no additional agreements or direct obligations were imposed on it as part of the Share Purchase Agreement. Holcim paid S/ 1,640,327,224.69 for 99.992136% of Inversiones Aspi S.A., with the price determined by macroeconomic dynamics, due diligence, expected synergies, and M&A adjustments.
Key Highlights
- Holcim Ltd. paid S/ 1,640,327,224.69 for 99.992136% of Inversiones Aspi S.A.
- This implies an approximate price of S/ 6.199 per share of Inversiones Aspi S.A.
- No express price per share of Cementos Pacasmayo was agreed upon in the Share Purchase Agreement (SPA).
- Price determination factors included macroeconomic dynamics, due diligence, and expected synergies.
- No additional agreements or economic benefits for the selling shareholder were signed beyond the SPA.
- No direct obligations were imposed on Cementos Pacasmayo in the SPA.
- PricewaterhouseCoopers (PwC) conducted a valuation of Inversiones Aspi S.A. in March 2026 for tax purposes.
- Holcim's due diligence for the transaction did not result in valuation reports, only summaries.
Price Impact
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