Loma Negra Compania Industrial Argentina Sociedad Anonima (LOMA) has released an update.
Loma Negra’s indirect controlling shareholder, InterCement, has disclosed a new extension of exclusive negotiation rights with Companhia Siderúrgica Nacional (CSN) regarding the potential acquisition of all of its shares. This exclusivity period has been extended to October 16th and may further extend to November 16th, 2024, if not opposed by creditors. However, there are no legally binding agreements in place for the transaction as of yet.
For further insights into LOMA stock, check out TipRanks’ Stock Analysis page.
