Huaxin subsidiary to buy 20% of Shide Golden Eagle Cement, China
Huaxin Cement announced that its wholly-owned subsidiary Huaxin (Hong Kong) International Holdings, has signed an agreement with Starry Cosmos Group Ltd to acquire a 20 per cent...
Mergers And Acquisitions
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Dudman sells UK cement trading business
The privately-owned Dudman is withdrawing from cement trading and has sold its four English cement terminals, in Sussex, Suffolk, Yorkshire and Merseyside and its one terminal a...
CCI approves sale of Lafarge India stake
The Competition Commission of India (CCI) has cleared the proposed 14 per cent sale of Lafarge India Pvt Ltd to Baring Private Equity Asia.
CRH: acquisition and investment update, Ireland
Irish building materials major CRH plc announced it has undertaken 17 acquisition and investment initiatives during the first half of 2013. These transactions, together with the...
China: concentration is the key
China Cement Association had drafted a plan to promote mergers and acquisitions (M&A) activity and step up the elimination of obsolete capacity to increase concentration of the ...
India: Jaypee shelves Gujarat plant sale, eyes further expansion
Jaypee Cement has decided to defer plans to sell its Gujarat unit and is now looking to expand capacity through acquisitions and the construction of new plants.
Cementos Molins buys Cemex’ Sant Feliu works
Cementos Molins has reached an agreement with Cemex to buy the latter’s Sant Feliu de Llobregat cement plant near Barcelona.
Holcim to sell its operations in New Caledonia
Holcim will sell its operations in New Caledonia (Holcim Nouvelle Calédonie SA) to Tokuyama Corporation of Japan for an undisclosed amount. Holcim Nouvelle Calédonie SA, which r...
HeidelbergCement India sells grinding unit to JSW Group
HeidelbergCement India has sold its 0.6Mta grinding facility in Raigad, Maharashtra, to the JSW Group, the company has informed the Bombay Stock Exchange. The acquisition is sit...
HeidelbergCement to sell stake in Indian unity to private equity investors?
HeidelbergCement is reported to be in talks with private equity investors to sell a minority stake in its Indian arm, which could result in the second such deal in the domestic ...