Cement News tagged under: Russkyaya Tsementanaya Kompania
Russia’s Antimonopoly Service blocks Siberian deal01 March 2013, Published under Cement NewsRussia’s Federal Antimonopoly Service (FAS) has disallowed a deal for cement producer Russkyaya Tsementanaya Kompania to acquire a 100 per cent shareholding in fellow cement producer Iskitimtsement, according to local press reports. In its ruling, the FAS said it believed the deal would result in limited competition in the Siberian cement market and increased prices, SKIRIN news agency reported. The FAS had previously blocked the sale of a 90 per cent stake in Iskitimtsement to Sibirsk... |
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