Boral sells US fly ash business for US$755m
Boral has called time in the US after more than 40 years with the sale of its fly ash business to Eco Material Technologies for US$755m, as it focuses on its construction materi...
Divestment
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HeidelbergCement increases divestments with 'Beyond 2020' strategy
The reorganisation of HeidelbergCement is gradually taking shape as the company seeks to prioritise its strongest markets as part of its 'Beyond 2020' strategy. This week, Heide...
Holcim divests Zambian subsidiary to Huaxin Cement
Holcim has closed the sale of its business in Zambia, representing a 75 per cent stake in the company, to the Chinese cement group Huaxin for an enterprise value of US$150m for ...
HeidelbergCement agrees sale of Sierra Leone subsidiary
HeidelbergCement has signed an agreement to sell its subsidiary Sierra Leone Cement Corp Ltd (Leocem) to the Diamond Cement Group. The sale includes a cement grinding plant with...
Holcim divests Brazilian business
Holcim has signed an agreement with Companhia Siderúrgica Nacional (CSN) for the divestment of its business in Brazil for an enterprise value of US$1.025bn. The deal includes Ho...
Sinai Cement approves Sinai White Portland Cement exit
Sinai Cement Co approved the sales of its shares in Sinai White Portland Cement Co based on the fair value of Sinai White’s share, according to a filing to the Egyptian Exchange...
LafargeHolcim looks to divest Brazilian assets
LafargeHolcim is reportedly exploring the sale of its Brazilian unit, which consists of 12 plants, according to people close to the matter. The company has hired Banco Itau BBA ...
Lafarge Africa to sell 35% stake in Ghana operations
Following an emergency meeting of its Board of Directors, LafargeHolcim-owned Lafarge Africa Plc reached an agreement to offload its 35 per cent holding in Ghana-based Continent...
Al Karama announces prequalifiers for Carthage Cement
Al Karama Holding has published the list of prequalified candidates in the sale of the majority stake of Tunisia-based Carthage Cement. It includes domestic companies such as Ma...
Briones sisters sell Bío Bío stake to Gloria Group
Anita and Loreto Briones Goich of ALB SpA have sold their entire 19 per cent stake in Cementos Bío Bío, the cement company founded by their father, Hernán Briones Gorostiaga in ...