- Bloomberg•last year
Tianrui (International) Holding Co. said it won’t accept any takeover offer for China Shanshui Cement Group Ltd. because such a plan wouldn’t resolve shortcomings at the country’s fourth-largest producer. Two of Shanshui Cement’s largest shareholders -- Asia Cement Corp. and China National Building Material Co., which together own about 38 percent -- are considering a cash offer to acquire the shares they don’t already control, according to statements to the Hong Kong stock exchange Tuesday. Tianrui is Shanshui Cement’s biggest shareholder with 28.2 percent.
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Asia Cement Corp.Taiwan
|52wk Range||23.00 - 35.85|
|Day's Range||29.00 - 29.45|
|Avg Vol (3m)||2,858,250|
As of 1:30 AM EDT. Market closed.