HeidelbergCement AG shareholder Adolf Merckle, who is making a takeover offer to other shareholders, already owns a 31.45 per cent stake, according to the detailed conditions of the offering published Tuesday. Merckle holds 31.45 per cent in HeidelbergCement voting rights, both directly - through his control of Spohn Cement GmbH - and indirectly. Spohn Cement said two weeks ago it will offer HeidelbergCement shareholders Euro 60 a share for their stakes, valuing the company around EUR6.5bn. Shareholders have until July 26 to decide whether they will accept the offer.

Taiwan cement producers report mixed revenues through August
Taiwanese cement producers, Southeast Cement Co and Universal Cement Corp have posted contrastin...