LafargeHolcim merger: implications for western Europe
While the proposed Lafarge-Holcim (LH) merger is widely being regarded as a good fit for the two companies, satisfying competition authorities in a number of key markets where o...
M&A
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Israel: CRH mulls disposal of Nesher cement stake
CRH Group is considering the sale of its 25 per cent stake in Mashav, the holding company for Nesher cement, Israel, which the Irish group acquired in 2001, reports The Sunday I...
Asia Cement (China) seeks M&A activity, strategic alliances
Asia Cement’s China subsidiary is seeking mergers and acquisition opportunities, as well as the creation of strategic alliances, to raise production capacity and boost its compe...
CRH
CRH has announced it spent almost €630m on acquisitions and other development activity during 2012, of which €375m took place during the second half. Of that, €119m was spent in...
Cimpor, Camargo Correa transaction moves ahead
The board of Cimpor has approved a swap of shares of its holding InterCement, paving the way for Camargo Correa to purchase the 21,2% stake held by Votorantim Cementos on Cimpor...
CRH: July '12
CRH's spending on acquisitions during the first half of the year amounted to €244m. The €155m spent in Europe and Asia included an equity injection into Yatai Building Materials...
Camargo Correa rejects Cimpor proposal as ‘unrealistic’
Brazilian conglomerate Camargo Correa has rejected Cimpor management's counter-proposal for a merger with Camargo's cement unit, saying it was "unrealistic,” Reuters reports. Ci...
InterCement plans asset swap with Votorantim
InterCement, the cement unit of Brazilian industrial conglomerate Grupo Camargo Correa, on Sunday provided further details regarding its bid to acquire Cimpor. Camargo Correa sa...
Martin Marietta violated confidentiality agreement, judge rules
Delaware Judge Leo Strine has ruled that Martin Marietta violated a nondisclosure agreement with Vulcan and used confidential information in forming its USD5.3bn bid and proxy f...