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Ash Grove Cement gives stockholder approval for CRH merger

Ash Grove Cement Company has announced that its previous agreement for the merger with CRH plc, under which CRH plc will acquire Ash Grov Cement, has been approved by stockholders holding more tha...
News - 23 October 2017

PPC is a new target for CRH

CRH is among companies considering a counterbid for PPC that could trump an offer by Canada’s Fairfax Financial Holdings, according to Bloomberg sources. PPC’s future has been considering a merg...
News - 13 October 2017

Thomas Gruppe to buy Gebr Seibel Zementwerke

Thomas Gruppe (revenues estimated at EUR300m) confirmed on Thursday 12 October 2017 that it was taking over Portland-Zementwerke Gebr Seibel GmbH & Co KG, in Germany, a family-run business headed ...
News - 13 October 2017

CRH

CRH is to acquire Ash Grove Cement Company for US$3500m. Ash Grove Cement is currently the largest privately-owned cement producer in the USA and operates eight cement plants, two import terminals...
Corporate - 10 October 2017

Summit Materials revealed as US$3.8bn bidder for Ash Grove Cement

US cement maker Summit Materials has been revealed as the US$3.8bn bidder for Ash Grove Cement, according to a Reuters' source. The bid was submitted last week to trump an earlier takeover bid fro...
News - 09 October 2017

CRH back on the acquisition trail

Financial analysts have been predicting for some time that CRH was likely to hit the acquisition trail again to bolster its portfolio. The recent US focus to target Ash Grove Cement and Suwanee...
News - 06 October 2017

Ash Grove Cement receives US$3.8bn takeover proposal

CRH noted that an announcement by Ash Grove yesterday that the period for obtaining shareholder approval has been extended for its proposed acqusition. US cement maker Ash Grove Cement Co said on ...
News - 06 October 2017

Ash Grove Cement Board to come under investigation

WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the Board of Directors of Ash Grove Cement Co in connection with the proposed acquisition of the Co...
News - 04 October 2017

CRH said to be closing in on Suwanee America acquisition

CRH Plc is nearing an agreement to acquire Florida-based cement company Suwannee American Cement LLC from Votorantim Cimentos SA and Anderson Columbia Co, according to Bloomberg. The companies co...
News - 03 October 2017

Germany's wave of success

With the German economy continuing its growth trend, these are good times for the country’s many cement producers. Housebuilding dominates demand as the population rises and construction investmen...
Articles - 02 October 2017