CRH reportedly in talks to sell stake in Indian joint venture
CRH is reportedly in talks to exit its joint venture with India’s My Home Group, according to VC Circle. In 2008, CRH acquired the 50 per cent stake in My Home Industries for ar...
Divestments
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CRH to divest European Distribution business to Blackstone
CRH plc has agreed to divest its European Distribution business to private equity funds managed by Blackstone for EUR1.64bn, subject to regulatory approval. The sale includes CR...
CRH divests its European Distribution business for EUR1.64bn
CRH has agreed the divestment of its European Distribution business to private equity funds managed by Blackstone for an enterprise value of EUR1.64bn in cash, subject to regula...
HeidelbergCement makes further progress with portfolio optimisation
HeidelbergCement’s subsidiary Italcementi has signed contracts with Buzzi Unicem and Colacem regarding the disposals of cement plants in the northern and central region of Italy...
HeidelbergCement reduces its stake in Ciments du Maroc
As part of its action plan to optimise its portfolio and improve cash generation, HeidelbergCement is its reducing stake in Ciments du Maroc. HeidelbergCement announces the sale...
LafargeHolcim lines up Middle East Africa assets for US$8bn divestment
Just a week after closing the US$1.75bn divestment of Holcim Indonesia, LafargeHolcim is understood to be contemplating the sale of its Middle East-Africa business unit, accordi...
HeidelbergCement targets cash generation
This week the trend for divestments from the large multinationals was again demonstrated by LafargeHolcim's admission that it may seek a buyer for its operations in the Philippi...
HeidelbergCement targets cash generation
This week the trend for divestments from the large multinationals was again demonstrated by LafargeHolcim's admission that it may seek a buyer for its operations in the Philippi...
LafargeHolcim could seek up to US$2.5bn for its Philippines business
Shares of Holcim Philippines have been rising steeply as LafargeHolcim is believed to be considering the sale of its Philippines business unit to further reduce group debt. Lafa...
Raysut shareholders agree to sell Oman Portuguese Cement Products
Raysut Cement shareholders have approved a proposal to sell Oman Portuguese Cement Products Co to Opal Development.