China: West China Cement to agree to Anhui Conch ownership
Yesterday, shares in West China Cement rose nearly six per cent on news that a sufficient majority of option-holders had agreed to an acquisition by largest listed Chinese peer,...
West China Cement
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Fitch: West China Cement's weaker operating results outweighed by Anhui Conch's takeover
Fitch Ratings believes West China Cement Ltd's weaker operations – as reflected in the 2015 results – is outweighed by its pending takeover by Anhui Conch Cement Company Limited...
S&P: West China Cement stays on CreditWatch Positive
Standard & Poor's (S&P) Ratings Services said that it continues to keep the ratings on West China Cement on CreditWatch with positive implications while the company awaits regul...
West China Cement becomes the 6th Chinese company to join the CSI
West China Cement Ltd (WCC) has become the sixth Chinese company to join the Cement Sustainability Initiative (CSI). WCC is the leading cement producer in Shaanxi Province, Chin...
Anhui Conch to double West China Cement stake
Anhui Conch Cement Co has agreed to more than double its stake in West China Cement Ltd for HK$4.59bn (US$592m). Conch International Holdings (HK), a wholly owned unit of Anhui ...
West China Cement to acquire Shaanxi-based producer
West China Cement said it agreed to acquire the entire equity interest of Tongchuan Yaowangshan Ecological Cement Co Ltd as well as shareholder's loan at CNY767m (US$121m). Yaow...
Italcementi
Italcementi has sold its 5.24 per cent stake in West China Cement for HKD341m (EUR38.5m). The stake had been held through CimFra (Chine) Ltd.
Italcementi disposes of WCC stake
Italcementi Group, via its affiliate CimFra (China) Ltd SAS, has disposed of its 5.24 per cent stake in West China Cement (WCC) for an upfront consideration of HKD341m, equivale...
Moody's upgrades West China Cement to Ba3; stable outlook
Moody's Investors Service has upgraded West China Cement Limited's (WCC) corporate family and senior unsecured ratings to Ba3 from B1. "The upgrade reflects the improvement in W...
West China Cement first-half profit plummets
West China Cement Ltd’s net profit slumped 99 per cent in the first half as China's economic slowdown took a toll on cement consumption. The company said first-half net profit f...