Why Cementir is faltering on the stock market and Caltagirone is coming to the rescue
After the slump in Cementir’s stock following the quarterly results, Chupas 2007, the financial holding led by Francesco Caltagirone Jr., purchases 50,000 Cementir shares for approximately 719,000 euros. A harsh winter, Turkey’s slowdown, and sharply declining margins weigh heavily, but net cash increases.
