Cevian Capital announces stake in CRH
Europe's largest activist investor, Cevian Capital, has announced that it has built up a stake in CRH to become its second-biggest individual investor. "The group has many stron...
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JSW Cement to look at inorganic growth
India's JSW Cement has announced that it will be looking at inorganic expansion to reach its target of increasing capacity to 20Mta by 2020. The ongoing bad-loan resolution proc...
EAPCC receives backing to sell land assets
Kenya’s East African Portland Cement Co (EAPCC) has received Trade Ministry backing to sell off idle land, which will help the company recoup some of the KES15bn (U$146.3m) it s...
Thai King increases stake in Siam Cement
Thailand’s King Maha Vajiralongkorn Bodindradebayavarangkun has increased his stake in Siam Cement Group from 0.8 per cent to 30.8 per cent, and has become the top shareholder. ...
Caribbean Cement pays first instalment of asset buyback
Jamaica’s Caribbean Cement Co Ltd (Carib Cement) has paid the first instalment of JMD1.3bn (US$10.50m) on an asset buyback agreement with its parent company, Trinidad Cement Ltd...
CMA launches Breedon and Tarmac asset swap enquiry
The Competition & Markets Authority (CMA) has launched Phase 1 of a merger inquiry into the anticipated acquisition by Tarmac of certain assets of Breedon Group. The initial per...
Sagar Cements acquires grinding unit from Toshali Cements
Sagar Cements announced the acquisition of a grinding unit owned by M/s Toshali Cements Pvt Ltd for INR600m (USD8.88m).
Cemex says no bid on Lafarge-Holcim assets
Mexico-based Cemex has announced it will not make an offer for Holcim and Lafarge assets that are available due to the proposed merger of the two cement giants, said Cemex CEO, ...
Holcim and Lafarge announce proposed asset disposals
Two months after the announcement of their planned merger, Lafarge and Holcim have revealed the list of proposed divestments.