Titan Cement International S.A. (ATSE:TITC) acquired 11.85% stake in TITAN Cement Cyprus Ltd from International Finance Corporation on November 20, 2019. In a different transaction Titan Cement International S.A. also acquired 17.28% stake in Alexandria Development Co Ltd from International Finance Corporation. The aggregate price for the transactions were €81.8 million. Titan Cement International S.A. (ATSE:TITC) completed the acquisition of 11.85% stake in TITAN Cement Cyprus Ltd from International Finance Corporation on November 20, 2019.