Sagar in talks to buy BMM Cements, India
Sagar Cement is in talks to buy BMM Cements as it plans to use the proceeds from the sale of its stake in the Vicat Sagar joint venture to fund growth organically and through M&...
Mergers And Acquisitions
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CRH to sell Turkish joint venture
CRH and its Turkish partner, Eren Holding AS, have hired JPMorgan Chase & Co to help sell their cement joint venture in Turkey, according to reports in the Irish Times. Sources ...
CVC in talks over Holcim Lafarge assets
Private equity firm CVC is in talks with Singapore's Government Investment Corporation over possible joint bids for Holcim and Lafarge assets ahead of their planned merger, Sky ...
Adelaide Brighton downstream acquisitions, Australia
Adelaide Brighton Ltd has acquired two integrated aggregates and readymix concrete businesses, one in South Australia and the second in Queensland, progressing its long-term ver...
Lafarge & Holcim propose Brazilian divestments
Lafarge and Holcim have published a list of proposed asset disposals to Brazilian Competition authority CADE, as part of efforts to help win regulatory approval for their planne...
Asia Cement completes Sichuan Lanfeng acquisition, China
Asia Cement (China) Holdings has completed the acquisition of a 100 per cent holding in Sichuan Lanfeng Cement at a consideration of CNY968m (US$156.7m) on Wednesday. Sichuan La...
Buzzi Unicem and Wietersdorfer deal completed
Buzzi Unicem has completed a strategic agreement with Wietersdorfer initially announced in February this year. Under the terms of the deal, Buzzi Unicem is receiving EUR22m from...
Chettinad increases holding in Anjani Portland Cement, India
Chettinad Cement Corp has increased its holding in Anjani Portland Cement to 66.08 per cent by acquiring a 17.08 per cent share through an open offer.
Lafarge sells Pakistan cement operations
Lafarge announced the sale of its cement operations in Pakistan for an enterprise value of US$329m to local producer Bestway Cement. Lafarge Pakistan Cement Ltd, in which Lafarg...