Cementos Pacasmayo (NYSE: CPAC) first call for tender offer valuation entity voided
Rhea-AI Filing Summary
Cementos Pacasmayo S.A.A. reports that the Peruvian Superintendency of the Securities Market informed the company that the Selection Committee for the valuation entity and price determination has declared void the first call in the selection process.
This process was intended to choose the valuation entity responsible for determining the minimum price to be considered by Holcim Ltd. in a tender offer for the common shares issued by Cementos Pacasmayo S.A.A., in accordance with the applicable Peruvian securities market regulations and the Rules of the Selection Process.
Positive
- None.
Negative
- None.
Filing Explained
The disclosure leaves the valuation-entity selection unresolved; accordingly, the minimum price to be considered in Holcim Ltd.'s tender offer for Cementos Pacasmayo's common shares has not yet been determined.
Key Terms
tender offer financial
valuation entity financial
Selection Committee regulatory
material event regulatory
Superintendency of the Securities Market regulatory
FAQ
What material event did Cementos Pacasmayo (CPAC) disclose in this 6-K?
Who informed Cementos Pacasmayo (CPAC) about the selection process decision?
Under which regulations did Cementos Pacasmayo (CPAC) report this material event?
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