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Assuming financial is required, the following 3175 results were found.

  1. Private equity firms said to be eying Heidelberg stake

    buyout firm TPG. French buyout firm PAI Partners may also be considering a separate investment, the newspaper said. The Financial Times added that Bain Capital is also looking at an investment. HedielbergCement's shares gained the most in almost four...

    • Type: Article
    • Category: Mergers & Acquisitions
  2. UAE PM receives Lafarge CEO Lafont

    said they had not experienced any significant decline in building materials volumes at their UAE plants because of the financial crisis and property downturn, according to the National. "It is, in fact, a good thing we acquired Orascom a year back...

    • Type: Article
    • Category: People
  3. Brazil demand sets record in 08, level in 09

    representative said that consumption of cement would not grow by 8% in 2009 in the country, as was expected before the financial crisis worsened. He said to the Monitor Mercantil that now preliminary studies showed that in 2009, the change in Brazils...

    • Type: Article
    • Category: Volume & Pricing
  4. Binani to invest Rs900 cr in capacity expansion

    the source of funding, Juneja said: "For the Gujarat project we are funding through debt-equity of 1:1 and for this our financial tie-up has been completed. Loans will be syndicated by five banks." At present, Binani Cement has an installed capacity of...

    • Type: Article
    • Category: Plant Expansions
  5. S&P downgrades HeidelbergCement's credit rating

    rating on German cement producer HeidelbergCement. (CW Group) The rating was reduced from B+ from BB- on concerns that the financial restructuring required to prevent covenant-breech by the end of June 2009 is looking increasingly "urgent and...

    • Type: Article
    • Category: Financial
  6. ACC ex-CFO joins board

    Cement maker ACC said on Friday that its former Chief Financial Officer Onne van der Weijde has been appointed as a Director to the company board. (CW Group) "Onne van der Weijde, who was the former Chief Financial Officer of the company, has been...

    • Type: Article
    • Category: People
  7. Cyprus largest deal in 2008 in cement sector

    2008 ended four years of deal growth in deal volumes on lack of available credit, plunging stock markets and a worldwide financial crisis undermined companies' ability to make acquisitions, said the Financial Mirror. By far, CyprusÔÇÖ largest domestic...

    • Type: Article
    • Category: Mergers & Acquisitions
  8. Holcim rumored to contemplate bid for Heidelberg

    balance sheet," Zuercher Kantonalbank analyst Martin Huesler said. Even though analysts say that Holcim is in better financial shape than other cement manufacturers, an outright acquisition of all of HeidelbergCement appears unlikely because of the size...

    • Type: Article
    • Category: Mergers & Acquisitions
  9. PPA to restructure Semen Kupang

    said on Wednesday. "It may even become a shareholder of Semen Kupang if necessary," reported the Jakarta Post. Despite its financial problems, Said added, the firm which produced 300.000 tons of cement last year, has enough business potential for the...

    • Type: Article
    • Category: Mergers & Acquisitions
  10. Cemex sued by EPA, could face billions in damages

    we can work with the company to negotiate some sort of settlement that includes conforming to the Clean Air Act and some financial penalties," Rochlin said. The plant improvements at the center of the suit were implemented before Cemex acquired the...

    • Type: Article
    • Category: Environment
  11. Lafarge counting on emerging markets

    Lafarge, the worldÔÇÖs biggest cement company, is looking to emerging markets to help it weather the financial storm which has hit its western markets hard. (CW Group) Bruno Lafont, chairman and chief executive officer of the French group, told the...

    • Type: Article
    • Category: Markets & Competition
  12. Heidelberg's future uncertain as Merckle dies

    ($560,1 million) through bad bets on carmaker Volkswagen's shares and other trades. Merckle committed suicide, "broken" by financial woes, his family said in a statement today. He was hit by a train yesterday near his hometown of Blaubeuren, southeast...

    • Type: Article
    • Category: Financial
  13. CRH sees Ôé¼1,6Bn pre-tax profits, challenging outlook

    Ukraine, this was more than offset by declines from US operations, according to CRH. In the second half, the events in the financial markets hit its European operations hardest. However, CRH said that the U.S. economic stimulus plan may bolster earnings...

    • Type: Article
    • Category: Financial
  14. Conch to invest $464MM in new Chongqing capacity

    shares to help fund the capital investments. 1,97 billion yuan of the required investments will come from company internal financial resources. The plan required approval from shareholders, which the company obtained and is now embarking on the...

    • Type: Article
    • Category: Plant Expansions
  15. Cemex completes sale of Canary Island assets

    mills and 19 concrete plants. All assets were located on the Canary Islands in Spain. J.P. Morgan and RBS acted as financial advisors to Cemex in the transaction. Copyright CW Group. All rights reserved. Unauthorized distribution expressly prohibited.

    • Type: Article
    • Category: Mergers & Acquisitions
  16. Sinoma expects 50% profit growth in 2008

    (Sinoma), China's largest cement-making equipment producer, expects a jump of 50% in earnings for 2008 despite the financial crisis, a top company official said. (CW Group) Sinoma said that it is also expecting to generate sales of 50 billion yuan...

    • Type: Article
    • Category: Financial
  17. Cemex to divest TCL stake

    (TCL) company. (CW Group) In a statement to the Jamaica Stock Exchange, TCL said that "there have been developments in the financial fortunes of the company's largest shareholder, CEMEX, as a consequence of the global financial crisis." "While the board...

    • Type: Article
    • Category: Mergers & Acquisitions
  18. Peruvian market grows 17% in '08

    be built south of Lima, Peru. According to unofficial sources, an announcement was scheduled for this month, but with the financial crisis the company has reportedly delayed the project until the second quarter of 2009. So far, few details are available...

    • Type: Article
    • Category: Volume & Pricing
  19. Siam Cement to target "limited-budget customers"

    in the first half had a flat growth, while in the third quarter it reported a significant drop of 15-20%t following the financial crisis in the US and the property industry downturn," he said. Pramote said SCG Cement would stop exporting to Europe in...

    • Type: Article
    • Category: Volume & Pricing
  20. EBRD buys CO2 credits from Ukrainian cement co

    of energy consumption and carbon emissions by more 50% through the introduction of new production technologies, The Financial reported. This is the first project under the UKEEP framework facility to benefit from a carbon finance transaction. The IF...

    • Type: Article
    • Category: Environment

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