StockWatch
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Cement, Hydraulic
Corporate ActionAug 13, 2026, 07:13 AM

Cementos Pacasmayo: Holcim Tender Offer Valuation Process Voided

AI Summary

Cementos Pacasmayo S.A.A. announced that the Superintendency of the Securities Market (SMV) informed them that the Selection Committee for the Valuation Entity and Price Determination declared void the first call for the selection process. This process was intended to determine the minimum price for Holcim Ltd.'s tender offer for Cementos Pacasmayo's common shares. The voiding introduces uncertainty and potential delays for the tender offer.

Key Highlights

  • Superintendency of the Securities Market (SMV) informed Cementos Pacasmayo of the decision.
  • The Selection Committee declared void the first call for the valuation entity selection process.
  • The process was to determine the minimum price for Holcim Ltd.'s tender offer.
  • Holcim's tender offer is for common shares issued by Cementos Pacasmayo S.A.A.