Cement News tagged: Corporate
Buzzi rules out higher share offer
Italian cement company Buzzi Unicem SpA says holders of the 5.1% of Dyckerhoff AG shares that it doesn’t already control must accept its cash offer, "or the train will depart",
Colombia Argos secures $480m in loans
Colombia’s largest cement maker Cementos Argos SA said it secured a $480m loan with BNP Paribas SA and Citigroup Inc, the company said in a filing to the securities regulator Wednesday.
YTL Land & Development, YTL Cement 1Q net profits fall
YTL Land & Development Bhd’s net profit for the first quarter (1Q) ended Sept 30, 2006, was almost halved to RM2.94 million from RM5.58 million a year ago,
Lafarge seals new EUR300m partnership deal with EBRD
Lafarge said Wednesday it is renewing its partnership with the European Bank for Reconstruction and Development.
Heidelberg blinks
HeidelbergCement has agreed to pay the non-compete fees to all shareholders who participate in its open offer if its petition to the Securities Appellate Tribunal (SAT) challenging a Sebi directive is
Portuguese CGD Holds 2.08 per cent in Cimpor
Portuguese largest, state-owned bank Caixa Geral de Depositos (CGD) controls directly and indirectly 2.08 per cent of the share capital of Cimpor.
Cemex sees 4th quarter sales near US$4.3bn
Mexico’s Cemex said on Monday it expects fourth-quarter sales to rise 9 percent from a year ago to $4.3bn, with solid operations at home offsetting weak U.S. sales.
GCC improves debt profile
Grupo Cementos de Chihuahua S.A. de C.V. (GCC) announced that it has fully repaid its $1,200m peso bond that was issued and placed in the domestic Mexican market in December 2001.
Portland to Sell More Shares
Investment Secretary Esther Koimett is expected to kick-start the process that will culminate in sale of more East African Portland Cement Company shares at the bourse.
Lafarge speculation wanes as Frere stake mounts Lafarge Speculation Wanes As Frere Stake Mounts
Belgian investor Albert Frere continues to ease his holding in French cement giant Lafarge SA upwards but a full-blown takeover attempt would be out of character with analysts saying there’s sti
TAIM-TFG takes over Weser Engineering
TAIM-TFG is making progress on its strategy of positioning itself internationally through the takeover of the company Weser Engineering GmbH.
China’s Anhui Conch shareholders approve proposal to buy parent’s assets
Anhui Conch Cement Co Ltd said its shareholders have approved a proposal to issue 22.76m new A-shares at 13.30 yuan each to buy three units from parent Anhui Conch Cement Group.
Improving Prosperity for some
Prosperity Minerals Holdings the cement manufacturing and iron ore trading group which operates in China (PRC), has announced its results for the six months ended 30 September 2006
Groupe Bruxelles Lambert ups Lafarge stake to 15 per cent
Belgian holding Groupe Bruxelles Lambert has raised its stake in French cement giant Lafarge to 15 per cent, French market regulator AMF said in a statement.
Merrill ups emerging market infrastructure spending forecast
Infrastructure spending in emerging markets could exceed $1 trillion in the next three years, up from its previous estimate of $705 billion
Saurashtra Cement allots 1.52m shares against debt
Saurashtra Cement Ltd, Inida said it would allot 1.52 million shares at 73 rupees on conversion of debt