South Korea: preferred bidders named in US$567m Hyundai deal
Hanil Cement Company and LK Investment Partners have been named as the preferred bidders to acquire Hyundai Cement, reports South Korea's Pulse.
Acquisition
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USA: TAKRAF acquires bulk handling company
Global mining and bulk material handling equipment supplier, TAKRAF, has acquired the assets of FMC Technologies' Material Handling Systems (FMC MHS) business unit based in Lans...
Ensuring long-term growth Premium
Grupo Cementos Chihuahua (GCC) is completing a key acquisition programme in the USA as it buys Cemex assets such as the Odessa cement works in Texas. ICR speaks with Ron Henley,...
India: JSW Cement acquiring controlling stake in Shiva Cement
JSW Cement Ltd is to buy the entire promoter holding in cement maker Shiva Cement Ltd and launch an open offer to acquire another 32 per cent from the company's public equity sh...
Trinidad Cement directors recommend rejection of Cemex bid
The board of directors of Trinidad Cement Ltd (TCL) has written to shareholders advising them to reject Cemex's TTD597m (US$89m) offer for a controlling interest in the company,...
Pakistan: Bestway Cement joins bidding for Dewan Cement assets
Bestway Cement Ltd has informed Pakistan Stock Exchange (PSX) on 30 Dec that it is considering acquiring the northern plant and related assets of Dewan Cement Ltd in Pakistan.
Pakistan: Kohat Cement interest in Dewan Cement
Kohat Cement Company Ltd has joined the race to acquire Dewan Cement’s North plant, a 1.134Mta facility located at Hattar industrial estate in northern Pakistan.
Lafarge Surma Cement acquires Holcim Bangladesh
The Board of Lafarge Surma Cement Ltd has approved the acquisition of 100 per cent shares of Holcim Bangladesh from LafargeHolcim Group. The transaction is subject to approval b...
Pakistan: Fecto Cement joins race for Dewan assets
Fecto Cement has announced that it intends to enter a bid for Dewan Cement’s North plant, a 1.134Mta facility located in Hattar. Earlier this month, Lucky Cement indicated that ...
Bahrain: APICorp acquires 30% Falcon Cement stake
Multilateral development bank Arab Petroleum Investments Corp (APICorp) announced it acquired a 30 per cent stake in Bahrain’s Falcon Cement Co (FCC), one of the largest cement ...