UK construction group Aggregate Industries Plc, which has agreed to a GBP1.8bn ($3.4bn) takeover by Swiss company Holcim , reported a five per cent rise in annual profit on Monday. Pretax profit for the year ending December rose to GBP147.6m, in line with a consensus forecast. Holcim, the world’s second-biggest cement maker, has already acquired over 78 per cent of Aggregate Industries’ share capital. The company is currently awaiting clearance on the deal from European competition authorities. Published under Cement News
UK construction group Aggregate Industries Plc, which has agreed to a GBP1.8bn ($3.4bn) takeover by Swiss company Holcim , reported a five per cent rise in annual profit on Monday. Pretax profit for the year ending December rose to GBP147.6m, in line with a consensus forecast. Holcim, the world’s second-biggest cement maker, has already acquired over 78 per cent of Aggregate Industries’ share capital. The company is currently awaiting clearance on the deal from European competition authorities. Published under Cement News
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