UltraTech Cement
The Indian government has agreed to amend the mines and minerals law (MMDR Act) regarding the transfer of captive mines after it impeded at least two cement industry deals in th...
Mergers And Acquisitions
613 posts · Page 20 of 62
LafargeHolcim brands CRH purchase write-down claims "without merit"
CRH is disputing the value of the assets it purchased in February last year as part of the requirement from competition regulators to allow the creation of LafargeHolcim. The EU...
Fitch: West China Cement's weaker operating results outweighed by Anhui Conch's takeover
Fitch Ratings believes West China Cement Ltd's weaker operations – as reflected in the 2015 results – is outweighed by its pending takeover by Anhui Conch Cement Company Limited...
Indian government clears proposal to amend MMDR Act
The Indian government has cleared a proposal to amend the mines and minerals law (MMDR Act) to allow the transfer of captive mines granted through non-auction routes, which of l...
Dalmia Bharat to take full control of cement subsidiary
Dalmia Bharat has received approval from the Competition Commission of India to acquire a 15 per cent stake in its subsidiary Dalmia Cement Bharat from private equity firm KKR.
Cementir given antitrust approval for Sacci deal
The Italian Antitrust Authority has approved Cementir’s offer to purchase Sacci Spa's cement and ready-mix concrete business divisions.
US Concrete continues expansion in New York Metropolitan area
US Concrete, Inc announced yesterday that it has acquired the assets of Greco Brothers Concrete of LI, Inc (Greco), a ready-mixed concrete producer located in Brooklyn, NY. Grec...
Reliance Infrastructure to sell cement arm to Birla Corp
Reliance Infrastructure (RInfra) has signed a share purchase agreement with Birla Corp to sell 100 per cent in Reliance Cement Company (RCCPL). The deal values cement business o...
LafargeHolcim considering revised divestment plan in India
LafargeHolcim confirmed today that it is considering a divestment of its interest in Lafarge India with a cement capacity of around 11Mta. The divestment would require the appro...
India: Birla Corp reportedly front-runner for Reliance assets
Birla Corp Ltd is set to buy the cement assets of Reliance Infrastructure Ltd with the deal set to be sealed within the next few days, according to local media reports. “It will...