Acquisition

477 posts · Page 38 of 48

Birla 2Q16 net profit more than doubles

Birla 2Q16 net profit more than doubles

Birla Corporation have reported a net profit of INR584m (US$8.49m) for the quarter ended 30 September 2016 compared to INR232m for the same period last year.

Pakistan: Dewan Cement profits up 61%

Pakistan: Dewan Cement profits up 61%

Dewan Cement Ltd (DCL) posted a net profit of PKR268m (US$2.55m) for the quarter ended 30 September, a 61.4 per cent increase YoY from the PKR166m registered last year.

HeidelbergCement

Following the closure of its mandatory offer for Italcementi, HeidelbergCement now has 96.4 per cent of the shares and has stated its intention to compulsory acquire the remaini...

Anhui Conch

Anhui Conch is reportedly interested in acquiring a stake in Pakistan’s Dewan Cement Ltd (DCL), according to local media reports. While DCL denies the reports, a Chinese company...

Cementos Argos

Cementos Argos has agreed to purchase the Essroc cement plant in Martinsburg, West Virginia, USA, from HeidelbergCement. The deal, which is reputedly worth around US$650m, forms...