Fauji Cement in possible Askari Cement takeover, Pakistan
Fauji Cement Company Ltd (FCCL) plans to acquire Askari Cement of the Army Welfare Trust (AWT). Both companies are reportedly at an advanced stage of negotiations and are expect...
Acquisition
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Lafarge-Tarmac tie-up challenged on competition grounds, UK
The planned merger between Lafarge and Tarmac has been called into question by the UK’s Competition Commission (CC) on grounds that the tie-up could damage competition in both t...
Akcansa and Cimsa seek acquisitions
Two of Turkey’s leading cement producers, Akcansa Cimento and Cimsa, plan two separate overseas acquisitions this year, Bloomberg reports. According to Mehmet Gocmen, Head of Ha...
China United Cement seeks acquisition loan
State-owned China United Cement Group Corp is seeking a CNY798m three-year loan for the acquisition of Daewoo Cement (Shandong) Co Ltd, a subsidiary of Daewoo International Corp...
Martin Marietta continues pursuit of Vulcan
Martin Marietta Materials Inc, which began a hostile takeover of Vulcan Materials in December, released a list of five people it is pushing for election on Vulcan Materials' boa...
Siam Cement closing in on Vietnam acquisition
Thailand’s Siam Cement said on Wednesday it was interested in buying a stake in a Vietnam cement maker and expects to spend less than THB10bn (US$315m) on the acquisition, Reute...
Tongli Cement acquisition, China
Henan Tongli Cement plans to acquire 100 per cent of Yima Coal Industry (Group) Cement Co Ltd from its majority shareholder Yima Coal Industry (Group), Sinocast reports. In view...