Cement News tagged under: Anglo American
Anglo American completes exit from Tarmac15 January 2016, Published under Cement NewsAnglo American plc announces that it has completed the sale of its interests in the operating joint venture entities which have historically operated under the Tarmac name in the UAE, Oman and Qatar to Colas Moyen Orient SAS, a subsidiary of Colas SA, a road and transport infrastructure construction company forming part of the Bouygues Group. The sale to Colas of an additional non-operating joint venture entity in Oman is pending satisfaction of certain outstanding conditions. Completion of... |
Anglo American completes the sale of Tarmac Building Products to Lafarge Tarmac11 April 2014, Published under Cement NewsAnglo American plc announced the completion of its sale of Tarmac Building Products Limited (TBP) to Lafarge Tarmac Holdings Ltd (Lafarge Tarmac), following receipt of regulatory approval. Anglo American announced on 14 November 2013 that it had reached an agreement to sell TBP to Lafarge Tarmac Holdings Limited, the 50:50 joint venture of Lafarge’s and Anglo American’s construction materials and services businesses in the United Kingdom. The terms of the transaction remain confidential. T... |
Anglo American announces the sale of Tarmac Building Products to Lafarge Tarmac15 November 2013, Published under Cement NewsAnglo American Plc said it will sell Tarmac Building Products Ltd to Lafarge Tarmac Holdings Ltd, the 50:50 joint venture of Lafarge's and Anglo American's construction materials and services businesses in the UK. The deal is subject to regulatory approvals, and details are confidential, it said. Tarmac Building Products is a supplier of heavy building products, including construction blocks, bagged aggregates and cement products. The transaction may close in the first half of 2014. |
Anglo American appoints Mark Cutifani as Chief Executive09 January 2013, Published under Cement NewsAnglo American plc announces the appointment of Mark Cutifani as Chief Executive, with effect from 3 April 2013. Mark Cutifani has been Chief Executive Officer of AngloGold Ashanti Ltd, the South Africa-based gold producer, since 2007 and has led the successful restructuring and development of its business, which includes operations in 10 countries on four continents. Anglo American’s current Chief Executive, Cynthia Carroll, will step down from the Board at the Company’s Annual Genera... |
Lafarge & Anglo America announce completion of joint venture08 January 2013, Published under Cement NewsLafarge and Anglo American announce the completion of their 50:50 joint venture which combines their cement, aggregates, ready-mix concrete, asphalt and asphalt surfacing, maintenance services, and waste services businesses in the United Kingdom. The joint venture will be known as Lafarge Tarmac and begins trading today. Completion of the Lafarge Tarmac joint venture follows final clearance from the UK Competition Commission, predicated on the completed sale of a portfolio of Tarmac and L... |
Anglo American chief resigns, USA31 October 2012, Published under Cement NewsAnglo American plc announces that Cynthia Carroll has decided to step down as Chief Executive, with the Board’s agreement. Cynthia will remain in her post until a successor has been appointed and an appropriate transition has taken place. Cynthia Carroll was appointed to the Anglo American Board in January 2007 and formally took over as Chief Executive in March of that year. Under Cynthia’s leadership, after a record year in 2008, the Group successfully weathered the global financial crisis... |
Breedon Aggregates withdraws from Tarmac/Lafarge asset bid, UK19 October 2012, Published under Cement NewsBreedon Aggregates, the building materials group, said it has withdrawn from bidding to acquire assets being off-loaded by Lafarge and Tarmac. The two firms have been forced to sell by the Competition Commission before a construction materials joint venture can go forward. ??Earlier in October, Breedon submitted offers to the sellers' advisers for a number of the assets. "In the event, the group has been unable to meet the value expectations of the sellers in respect of the majority of... |
ArcelorMittal chief to bid for Lafarge/Tarmac assets, UK - report10 October 2012, Published under Cement NewsChairman and CEO of global steel giant ArcelorMittal, Laskshmi Mittal, is reportedly bidding for assets put up for sale by Anglo American and Lafarge UK, according to reports by Sky News. Mr Mittal, whose wealth was estimated at £12.7bn, is said to be bidding for the assets which have been ordered to be sold by the UK’s Competition Commission as a pre-condition for the completion of the Tarmac (Anglo’s UK business) and Lafarge UK merger. In a statement in May, the Competition Commissio... |
Lafarge to start Tarmac asset sales by end-June13 June 2012, Published under Cement NewsAnglo American and cement maker Lafarge are likely to begin selling a series of assets as required by UK regulators by the end of the month in order to proceed with a proposed joint venture, Lafarge's chief executive said on Tuesday. The UK’s Competition Commission said last month that the companies had to sell "an extensive package of operations" including one of the country’s largest cement plants, for the planned joint venture to win approval. Reuters quoted Lafarge CEO Bruno Lafont as ... |
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