Apollo Asia invests in Steppe Cement
Apollo Asia Fund Ltd has acquired 11.2m shares, representing 5.13 per cent of the issued share capital of Steppe Cement Ltd, which produces construction materials in Kazakhstan.
Acquisition
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Ashaka Cement approves Lafarge Africa's acquisition deal
Shareholders of Ashaka Cement Plc have approved the complete acquisition of the company by Lafarge Africa, in a deal with a cash consideration of NGN604.092m (US$16.8m) and tota...
Jinyuan Cement approves environmental technology company acquisition
Jinyuan Cement Co Ltd company has approved of its subsidiaries acquisition of Shanghai Huayu Environmental Technology Co Ltd. Directors of Jinyuan Cement approved Golden Circle ...
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-r...
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 earli...
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...
Pioneer Cement to acquire Galadari Cement
Pioneer Cement Company Ltd (PIOC) in a stock filing informed that it has signed a Memorandum of Understanding with sponsors of
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...
Summit Materials could be swept up in US consolidtion trend
As the cement sector continues to consolidate, the number of potential targets with values of more than US$1bn (EUR842m) will continue to fall and quite possibly, Summit Materia...
CRH agrees US$3.5bn acquisition of Ash Grove Cement
CRH plc has reached an agreement to buy US-based Ash Grove Cement Co for US$3.5bn. The proposed transaction is subject to Ash Grove shareholder and regulatory approvals and will...