St-Gobain to acquire controlling stake in Sika
St-Gobain is buying a controlling stake in constructive chemicals specialist Sika for EUR2.3bn. The group is also launching a competitive bidding process to dispose of the remai...
Mergers And Acquisitions
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Strategic Sri Lankan tie-up
Sri-Lanka based Fuji Cement, a subsidiary of Tokyo Cement which functions as an independent company, is to merge with its parent company and become a single entity with effect f...
Italcementi obtains EBRD loan for plant revamp
The Italcementi Group has signed an agreement with the European Bank for Reconstruction and Development (EBRD) granting it a loan for approximately EUR20m to fund the modernisat...
YTL Cement Singapore acquires Sin Heng Chan
YTL Corporation Bhd's YTL Cement Singapore Pte Ltd unit has acquired Sin Heng Chan (Singapore) Pte Ltd for MYR64.969m (S$24.734m).
UNACEM completes Ecuador acquisition
Peruvian cement producer Union Andina de Cementos SAA (UNACEM) confirmed that it has completed the purchase of Lafarge’s cement operations in Ecuador. "We are pleased with the c...
Buzzi Unicem finalises Uralcement acquisition
Buzzi Unicem, through its wholly-owned subsidiary Dyckerhoff GmbH, has completed the acquisition of a 100 per cent interest in Uralcement, Russia, from Lafarge. Uralcement is lo...
Dalmia Cement acquires full control of Bokaro Jaypee Cement
Dalmia Cement (Bharat) Ltd has acquired full control of Bokaro Jaypee Cement Ltd (BoJCL), following the purchase of the 26 per cent stake in the company it did not already own. ...
India: LafargeHolcim merger could harm competition
The merger between Holcim (Switzerland) and Lafarge (France) is likely to hurt competition in the country, says the Indian Competition Commission (CCI), according to reports in ...
Holcim expects to select buyers for assets by end-Jan
Holcim said it expects to have found buyers for the cement plants and other operations linked to its tie-up with Lafarge by the end of January, and that the merger is on course ...
Oyak Group eyeing Lafarge and Holcim assets
Oyak Group, Turkey’s largest cement producer, has US$2bn in cash for acquisitions and may spend some of it on assets Holcim and Lafarge are looking to shed ahead of their planne...