Divestment

157 posts · Page 9 of 16

HeidelbergCement

HeidelbergCement has sold, or agreed the sale of, a number of assets. These include a 50 per cent interest in Ciment Quėbec, land in the Cairo area that used to have a cement wo...

LafargeHolcim

The sale of the 80.6 per cent stake in Holcim Indonesia to Semen Indonesia, formerly known as Semen Gresik, has been completed, taking Semen Indonesia’s share from 35.7 per cent...

Cimpor

The Camargo Correa subsidiary InterCement, formerly trading as Cimpor, has agreed to sell its Portuguese and Cape Verde assets to the Turkish group Oyak.

HeidelbergCement

HeidelbergCement subsidiary Suez Cement Co, which came with the purchase of Italcementi, has agreed in principle to sell the El Minya white cement works to Emaar Industries Comp...

ASEC Cement starts Zahana exit negotiations

ASEC Cement starts Zahana exit negotiations

Qalaa Holdings announced that its subsidiary ASEC Cement has commenced negotations to exit Zahana Cement, in which it owns 35 per cent of shares. ASEC Cement has invested US$62m...

CRH

CRH America has sold its Mallard Sand & Gravel operation in Omaha, Nebraska, to Martin Marietta Materials. The disposal was required as a result of the acquisition of Ash Grove ...

ARM Cement to relinquish Tanzania assets

ARM Cement to relinquish Tanzania assets

ARM Cement will include KES854.6m (US$8.45m) of additional assets in Tanzania to sweeten the deal for buyers of the company’s non-cement business, according to The Citizen.

PPC

PPC is reportedly in talks with China National Materials Co (Sinoma) over the sale of a majority stake in PPC’s operations in the Democratic Republic of Congo.