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An official at Cimpor-Cimentos de Portugal SGPS SA declined to comment on a report by newspaper Jornal de Negocios that said Brazilian company Camargo Correa SA is preparing a bid for the Portuguese cement producer.
The Lisbon-based Cimpor official asked not to be named, citing company policy.
Camargo Correa is Cimpor’s biggest shareholder, with a 32.9 percent stake, according to Cimpor’s website.
To contact the reporter on this story: Henrique Almeida in Lisbon at halmeida5@bloomberg.net
To contact the editor responsible for this story: Tim Quinson at tquinson@bloomberg.net