Cementir interested in HeidelbergCement assets?

Cementir interested in HeidelbergCement assets?
21 August 2009


Italian cement maker and distributor Cementir Holding SpA may be interested in the assets in northern Europe of HeidelbergCement AG, Italian Il Sole 24 Ore reported.
 
HeidelbergCement might be putting on the market its Norwegian and Swedish assets. The company has EUR 9bn (US$12.8bn) in debts to repay.
 
Cementir has not commented on the report. Its shares, however, have been benefiting from the report and were rising 5.52% to EUR 3.01 on the Milan Stock Exchange at 1050 CET on Thursday.
 
Published under Cement News