Buzzi Unicem raises stake in Dyckerhoff

Italian cement and concrete company Buzzi Unicem has raised its stake in German counterpart Dyckerhoff to 67.01 per cent, buying a 5.32-per-cent stake from Dutch counterpart Holderfin and an 11.62-per-cent stake from German building company Schwenk, following the exercise of a put option. The total cost of the transaction was Euro108.6m.