Open OfferAug 5, 2026, 09:51 AM
Cementos Pacasmayo: Holcim Seeks Tender Offer Deadline Extension
AI Summary
Cementos Pacasmayo S.A.A. announced that Holcim Ltd. has requested an extension for the deadline to commence its mandatory Tender Offer (OPA) for CPAC's common shares. Holcim, which indirectly acquired a controlling stake in CPAC, submitted a request to the Superintendencia del Mercado De Valores (SMV) on July 31, 2026. The requested extension is for up to 60 business days from the appointment of the valuation entity or five business days after its report, whichever comes first, to allow for the determination of the minimum price.
Key Highlights
- Holcim Ltd. requested an extension for its Tender Offer for Cementos Pacasmayo shares.
- The request was submitted to the SMV on July 31, 2026.
- Holcim is obligated to make the Tender Offer due to an indirect controlling stake acquisition.
- Extension sought is up to 60 business days from valuation entity appointment.
- Alternatively, 5 business days after the valuation entity's report, whichever is first.
- The extension is needed as the valuation entity has not yet been appointed.
- Holcim also clarified exemptions for the Tender Offer process.
Price Impact
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