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Divestment

157 posts · Page 13 of 16

HeidelbergCement

To eliminate monopoly issues in the USA caused by the acquisition of Italcementi, HeidelbergCement has agreed to sell the cement works at Martinsburg, West Virginia, and eight c...

LafargeHolcim

LafargeHolcim has agreed to sell its 65 per cent stake in LafargeHolcim Vietnam to Siam City Cement Company, assuming that the existing minority shareholder does not exercise it...

LafargeHolcim

LafargeHolcim has agreed to sell Lafarge India to the Indian conglomerate Nirma Ltd for around US$1400m. It will be Nirma’s first investment in the cement sector and comes in sp...

Italcementi

Italcementi’s subsidiary Ciments Français has agreed to the sale of its subsidiary Compagnie des Ciments Belges (CCB) and its subsidiaries to the Cementir subsidiary Aalborg Por...

Siam City Cement to acquire Holcim Lanka

Siam City Cement to acquire Holcim Lanka

Siam City Cement (SCC) has signed a deal to buy Sri Lankan cement company Holcim Lanka Ltd for US$400m. The acquisition will turn SCC into the market leader in Sri Lanka.

China National Building Materials (CNBM)

All eyes will be back on China National Building Materials (CNBM) as the country announces the latest deal in its drive to consolidate its cement sector. Beijing-based cement pr...

Semen Indonesia to sell 49% stake in unit

Semen Indonesia to sell 49% stake in unit

Indonesia's largest cement producer, Semen Indonesia, plans to sell a 49 per cent stake in one of its units to help fund the company's future expansion, according to Investor Da...

Cemex

Cemex has completed the sale of its operations in Thailand and Bangladesh to Siam City Cement for some US$53m. These operations consist of an integrated cement works near Bangko...