Competition Commission opens investigation into merits of monopoly
The Namibian Competition Commission has started a public conference on the proposed acquisition of Schwenk Cement’s shareholding in Ohorongo Cement by Whale Rock Cement , the ow...
Mergers
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HeidelbergCement Bangladesh calls EGM to approve amalgamation
HeidelbergCement Bangladesh Ltd has further updated all concerned stakeholders and investors about its ongoing scheme of amalgamation though the Dhaka Stock Exchange (DSE). In a...
San Miguel Corp and Holcim Philippines face opposition to merger deal
President Rodrigo Duterte of the Philippines has been asked by the construction industry and property developers to call a halt to the proposed US$2.15bn merger between San Migu...
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.
Hurtado Vicuña looking for merger support
Chilean holding Grupo Hurtado Vicuña will seek support from small shareholders for a merger of its Cementos Bicentenario (BSA) with Cementos Polpaico.
Ash Grove Cement gives stockholder approval for CRH merger
Ash Grove Cement Company has announced that its previous agreement for the merger with CRH plc, under which CRH plc will acquire Ash Grov Cement, has been approved by stockholde...
RHI AG and RHI Magnesita merger set for 26 October
The merger of RHI AG with its wholly-owned subsidiary RHI Magnesita NV should become effective on 26 October 2017. Upon such effectiveness, RHI AG will cease to exist as legal e...
CNBM moves closer to full integration of 15 listed subsidiaries
China National Building Materials Group Corp is moving closer to full integration with talks ongoing to integrate some of CNBM 15 subsidiaries listed both at home and abroad. Am...
Summit Materials revealed as US$3.8bn bidder for Ash Grove Cement
US cement maker Summit Materials has been revealed as the US$3.8bn bidder for Ash Grove Cement, according to a Reuters' source. The bid was submitted last week to trump an earli...
Arabian Cement in merger talks with Al Safwa Cement
Arabian Cement has entered into potential merger talks with Al Safwa Cement of Saudi Arabia, owned by El Khayyat Group, Public Pension Authority (PPA) and General Organisation f...