LafargeHolcim
LafargeHolcim has agreed the sale of its 51 per cent-owned subsidiary Lafarge Malaysia to YTLCement Berhad for US$396m, a 43 per cent premium to the latest share price before th...
Divestment
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UltraTech Cement
Following its acquisition of Binani Cement, UltraTech Cement is now looking to sell the 3Mta integrated cement plant in China and 2.5Mta grinding plant in UAE it inherited as pa...
El Sewedy Cement sells Sinai Cement stake
Egypt-based El Sewedy Cement has sold its entire stake of 7.476 per cent in Sinai Cement’s capital for EGP41.97m (US$2.46m), or at an average price of EGP8.25/share, EFG Hermes ...
HeidelbergCement
HeidelbergCement has sold the 0.7Mta Spoleto cement works to Colacem and agreement has been reached to sell the Testi integrated cement works and two grinding centres to Buzzi U...
Cemex
Cemex has agreed to sell its operations in Latvia, where it owns the 1.6Mta cement plant at Broceni, as well as import and marketing operations in Sweden, where there are four, ...
Rwandan government to divest Cimerwa stake
The state of Rwanda has put up its 49 per cent stake in Cimerwa up for sale, according to an announcement made by the country’s Prime Minister, Edouard Ngirente on 9 March 2019....
New Carthage Cement tender to launch in June
Three months following the announced lack of tender success for the sale of the shares held by the Tunisian state in the capital of Carthage Cement, a financial restructuring, i...
Ssangyong Cement to look for new owners?
This week the potential for further consolidation in South Korea's cement market was heightened when Asia Today reported that Hahn & Co Cement Holdings could be looking to sell ...
Cemex sells Broceni plant and Nordic assets to Schwenk Zement
Cemex has announced that it has signed an agreement for the sale of assets in the Baltics and Nordics to Schwenk Zement for approximately EUR340m. The Baltic assets being divest...
Sell-off Ssangyong Cement on the cards
Privately-held investment fund company Han & Co, is expected to sell off Ssangyong Cement in the second half of this year, according to Asia Today. The minimum sales amount is e...