tiprankstipranks
Loma Negra’s Shareholder Negotiates Potential Acquisition
Company Announcements

Loma Negra’s Shareholder Negotiates Potential Acquisition

Loma Negra Compania Industrial Argentina Sociedad Anonima (LOMA) has released an update.

Maximize Your Portfolio with Data Driven Insights:

  • Leverage the power of TipRanks' Smart Score, a data-driven tool to help you uncover top performing stocks and make informed investment decisions.
  • Monitor your stock picks and compare them to top Wall Street Analysts' recommendations with Your Smart Portfolio

Loma Negra Compañía Industrial Argentina Sociedad Anónima has announced that its indirect controlling shareholder, InterCement Participações, is in a negotiation phase with Compañía Siderurgica Nacional (CSN) regarding a potential acquisition deal. The exclusivity agreement for these negotiations is set to last until July 12th, 2024, although no binding documents have been signed yet. The company has committed to maintaining transparency and keeping the market updated as the situation progresses.

For further insights into LOMA stock, check out TipRanks’ Stock Analysis page.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App