Acquisition

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Shree Cement to acquire railway siding operator

Shree Cement to acquire railway siding operator

The board of India’s Shree Cement Ltd has approved the acquisition of Raipur Handling and Infrastructure Pvt Ltd, a private railway siding operator, for INR590m (US$8.8m).

ArcelorMittal increases Ecocem stake

ArcelorMittal increases Ecocem stake

Steelmaker ArcelorMittal has increased its shareholding in Ecocem France. By the end of May, ArcelorMittal will hold a 49 per cent stake in the cement company, compared to 30 pe...

Buzzi Unicem

Buzzi Unicem’s subsidiary Dyckerhoff has agreed to acquire Portland Zement Seibel und Söhne GmbH & Co KG from the family shareholders for an estimated EUR35m. The company has a ...

UltraTech Cement

The tug of war between UltraTech and Dalmia Cement over who gets to buy Binani Cement has intensified even further this month.

Ramco Industries to sell Kharagpur grinding unit

Ramco Industries to sell Kharagpur grinding unit

Ramco Industries Ltd has agreed with The Ramco Cements Ltd, a related party, for the sale of its clinker grinding unit in Kharagpur, West Bengal. The revenue contribution of the...