Saturday, September 23, 2017

US: CRH acquires Ash Grove Cement

United States: international building materials group CRH plc announced it has reached an agreement to acquire Ash Grove Cement Company for a total consideration of US $3.5...

South Korea: 4 bidders shortlisted to acquire Halla Cement

South Korea: three strategic investors and a private equity fund have been shortlisted as potential buyers for the full stake in Halla Cement Corp, the country's...

Pakistan: DG Khan Cement reports FY17 financial results

Pakistan: DG Khan (Dera Ghazi Khan Cement Company Limited) has submitted to the Pakistan Stock Exchange its financial statement for the full fiscal year ended June 30,...

Pakistan: Kohat Cement reports FY17 financial results

Pakistan: Kohat Cement Company Limited has submitted to the Pakistan Stock Exchange its financial statement for the full fiscal year ended June 30, 2017. The cement maker's net profit...

Italy: Cementir Holding sells Italian assets to HeidelbergCement

Italy: on September 19, 2017, the country's 3rd-largest cement maker, Cementir Holding, announced it has agreed to sell all its domestic assets to Italcementi, owned by...

Portugal: Cimpor reports 1H17 financial results

Portugal: Cimentos de Portugal (CIMPOR), part of Brazilian conglomerate InterCement, published its interim consolidated financial report for the half-year period ended June 30, 2017. Sales volumes...

Pakistan: Maple Leaf Cement reports FY17 financial results

Pakistan: Maple Leaf Cement Factory Limited (MLCFL) announced its financial results for the full fiscal year ended June 30, 2017. The company, which is Pakistan's 4th largest cement...

Nigeria: Dangote Cement confirms interest for PPC

Nigeria: in a filing to the Nigerian Stock Exchange, Dangote Cement plc confirmed that it is interested in acquiring South-African cement maker PPC Ltd. In its...

South Korea: Halla Cement put up for sale

South Korea: a year after it was acquired by Hong Kong-based Baring Private Equity Asia, cement maker Halla Cement Corp. is again put up for...

South Africa: PPC’s largest shareholder supports Fairfax-AfriSam offer

South Africa: Public Investment Corporation, PPC’s largest shareholder, would prefer a joint offer from domestic rival AfriSam Group and Canadian insurer Fairfax Financial Holdings, sources...

Pakistan: Attock Cement reports FY17 financial results

Pakistan: Attock Cement Pakistan Limited has reported to the Pakistan Stock Exchange its financial results for the quarter and the full-year period ended June 30, 2017. The...

DR Congo: US $145 million invested by IFC in the cement sector

DR Congo: the International Finance Corporation (IFC), the World Bank’s private sector lending arm, announced it has injected US $145.1 million in the country's cement industry...

China: CNBM and Sinoma enter merger agreement

China: on September 8, 2017, CNBM (China National Building Materials Group Corp.) and Sinoma (China National Materials Corp.) entered into the Merger Agreement pursuant...

South Africa: Dangote Cement interested in acquiring PPC

South Africa: after last week PPC Ltd. announced it received rival offers to AfriSam's 3rd merger proposal, industry sources say Dangote Cement might be...

Argentina: Loma Negra to be listed on domestic stock exchange as well

Argentina: after Loma Negra filed for for registration with the IPO on the US Securities and Exchange Commission on September 6, 2017, the leading Argentine...

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