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PHINMA Corporation acquires Petra Cement

PHINMA Corporation acquires Petra Cement ....

Davao City , Zamboanga Del Norte , Philcement Corporation , Petra Cement , Share Purchase Agreement , Petra Plant , Zamboanga Del ,

Philcement unit acquires Petra

Philcement Corp., a unit of conglomerate Phinma Corp., on Tuesday said it signed a share purchase agreement to acquire Petra Cement Inc. Philcement Mindanao Corp., a subsidiary of Philcement, will pay P500 million in exchange for 100 percent of the outstanding shares of Petra, the company said. The transaction is… ....

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Phinma: Mindanao cement plant presents opportunities

Phinma Corp. is close to acquiring Petra Cement Inc.’s plant in Mindanao, according to one of its executives. Eduardo A. Sahagun, the company’s executive vice president for construction materials group, said the transaction will position Phinma as the only company to serve the cement needs of northern Mindanao. The company’s… ....

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PHINMA Corp. says it's boosting cement capacity with new Mindanao facilities

PHINMA Corp. says it's boosting cement capacity with new Mindanao facilities
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