HeidelbergCement in Russia
- Opening Ceremony of the Grazing Project
- HeidelbergCement to accelerate growth with the acquisition of Italcementi
- New Pedestrian Crossing in Sterlitamak
5 October 2015
29 July 2015
HeidelbergCement AG ("HeidelbergCement") today announced that it has entered into a purchase agreement (the "Stock Purchase Agreement") with Italmobiliare S.p.A. about the acquisition of a 45% shareholding in Italcementi S.p.A. ("Italcementi"). The purchase price amounts to € 10.60 per Italcementi share. This represents a total purchase price of approximately € 1.67 billion for the 45% stake, wich will be paid in cash and up to 10.5 million HeidelbergCement shares resulting from a capital increase against contribution in kind. The closing of the acuisition is subject to customary conditions...
21 July 2015