Aboitiz plans to buy Lafarge Philippines assets
Philippine conglomerate Aboitiz Equity Ventures Inc said on Friday it had signed an agreement for a possible acquisition of Lafarge's local cement operations in partnership with...
Mergers And Acquisitions
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Putney Capital Management announces acquisition in partnership with Argos
Putney Capital Management LLC announced the acquisition of one of the main terminals for the reception, storage and distribution of cement in Puerto Rico. This strategic investm...
Holcim files Lafarge stock exchange offer
Holcim Ltd said on Monday it has filed with the French financial market regulator details of its proposed share exchange with Lafarge.
Holcim shareholders back all motions for proposed merger
Lafarge and Holcim have today successfully secured support from Holcim shareholders for their proposed merger and completed one of the final key steps on their way to creating a...
China Tianrui increases stake in China Shanshui Cement
China Tianrui Group Cement last month increased its stake in China Shanshui Cement to 28.16 per cent, more than Shanshui founder Zhang Caikui. Fitch Ratings deemed the move a ch...
Semapa acquires 50% stake in Supremo Cimentos
Semapa and Secil, through its Brazilian subsidiary, entered into an agreement for the acquisition of a 50 per cent stake of the Brazilian company Supremo Cimentos. With this acq...
South Africa: PIC increases stake in PPC
The Public Investment Corporation (PIC) had increased its investment in PPC to 15.165 per cent, the South African cement producer yesterday. The PIC confirmed in December when t...
Buzzi Unicem's bid for Sacci expires
Buzzi Unicem’s offer to buy Sacci SpA has expired after being rejected by the banks and creditors and the bidder is no longer bound to any commitment, the Italian cement major a...
Eurocement backs Holcim-Lafarge merger
Eurocement Holding AG, Holcim Ltd's second-largest shareholder, said it supports the Swiss cement maker's planned merger with Lafarge SA . "Having analysed all advantages and di...
Shree net profit down on weaker sales, India
Shree Cements on Wednesday reported a 46.39 per cent dip in standalone net profit at to INR1.198bn (US$18.8m) for the third quarter that ended on 31 March 2015 due to a decline ...