Italcementi
News article
Company makes further progress with agreements to sell cement plants in northern and central Italy
Company provides update on financial targets and strategic priorities for next three years
HeidelbergCement subsidiary consolidates its position in the Italian cement market
Italcementi to acquire Cementir Italia’s cement and concrete business for €315 million
Company to appeal Italian Competition Authority decision over alleged market co-ordination
Italcementi acquisition strengthens company’s sales volumes, revenue, and result in second quarter
Company fulfils Italcementi acquisition obligations with completion of asset sales in US and Belgium
HeidelbergCement acquire all remaining shares and establish new board of directors
Company achieves high acceptance rate in mandatory tender offer for remaining Italcementi shares
Belgian assets to be sold to Cementir Holding to address competition concerns over Italcementi acquisition
Acquisition triggers obligation to execute mandatory tender offer for remaining shares
United States Federal Trade Commission provides clearance for proposed acquisition by HeidelbergCement
European Commission provides clearance for proposed acquisition of Italcementi by HeidelbergCement
German cement giant provides details of project to restructure and streamline Italian operations