ABG looks to sell minority stake in cement unit, India
India-based private sector ship builder ABG Group, is in talks to offload a minority stake in its cement business, a senior executive has told the Times of India. The cement bus...
Mergers And Acquisitions
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Chettinad Cement seeks shareholders’ approval for delisting, India
India-based cement producer Chettinad Cement Corporation has begun seeking shareholders approval to delist from the three Indian stock exchanges on which it trades.
CRH – acquisition key to growth
A development spending update released yesterday by CRH shows that growth through vertical integration continued to be a key strategy for the Irish building materials major thro...
China Resources Cement in grinding acquisition, China
China Resources Cement (CRC) has agreed to acquire a 100 per cent equity interest in Hainan Wuzhishan Dajiangnan Cement Ltd. Hainan Wuzhishan Dajiangnan Cement operates a 0.6Mta...
Holcim sells stake in power generation subsidiary, Philippines
Trans-Asia Oil and Energy Development Corp (TA Oil) has acquired the stake of partner Holcim Philippines Inc in a power plant in Bulacan province. In a disclosure to the Philipp...
CRH 's development spend reaches almost €630m in 2012
In an update on its spending for the second half of the year, CRH said it had agreed 18 acquisition and investment initiatives of €375m. The transactions completed since the end...
Concretus Materials to buy majority stake in Akmenes Cementas, Lithuania
Concretus Materials is to acquire a 51 per cent stake in Lithuania’s sole cement producer Akmenes Cementas.
SOCAM to exit Lafarge joint venture by 2015, China
SOCAM DEV announced that the shareholders of Lafarge Shui On Cement Ltd, in which it has a 45 per cent interest, have agreed on a plan to facilitate the exist of the group from ...
Holcim reduces stake in Siam City Cement, sells minority shareholding in Cementos Progreso
Holcim has announced that it has reduced its stake in Siam City Cement Ltd (SCCC) of Thailand and has sold its minority shareholding in Guatemalan producer Cementos Progreso, co...
Lafarge looking to sell stake in Indian operations?
Private equity funds are in talks to buy a minority stake in Lafarge India as the cement company taps new ways to fund its expansion, the Economic Times of India reports. Carlyl...