Graña y Montero completes purchase of 16.9% stake in Norvial S.A. from Besco S.A.
December 19 2013 - 8:55PM
Business Wire
Graña y Montero S.A.A. (“Graña y Montero”, “G&M” or the
“Company”), the largest engineering and construction company in
Peru, announced the completion of the purchase of the totality of
shares that Besco S.A. owns in Norvial S.A. at an agreed price of
S/. 51’435,580.00.
The shares are classified as “Class B shares” and represent the
16.9% in Norvial S.A. This increases the company’s stake in Norvial
S.A. up to 67.0%.
About Graña y Montero S.A.A.
Graña y Montero (NYSE:GRAM, BVL: GRAMONC1) is the only Peruvian
engineering and construction company listed on the Lima Stock
Exchange and the New York Stock Exchange. The Company has
participated in the development of major engineering and
construction projects in Peru, including large-scale, complex
projects in the energy, mining, construction and real estate
sectors.
With 80 years of operations, the Company has leveraged its
engineering and construction expertise into complementary lines of
business, such as the development, ownership, operation and
maintenance of infrastructure assets, real estate developments, and
the provision of technical services. The Company has significant
investments in infrastructure concessions, such as three toll roads
and Line 1 of the Lima Metro. For further information, visit
www.granaymontero.com.pe.
Graña y Montero S.A.A.Juan Jose Arrieta, 511-213-6598Corporate
Communications& Social Responsibility
Officerjarrieta@gym.com.peorDennis Gray F., 511-213-6583Investor
Relations
Officerdgray@gym.com.perelacion.inversionistas@gym.com.pe
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