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...However, HeidelbergCement and the Swedish government still have to reach agreement on financing before the Slite project can become reality....
...HeidelbergCement, afflicted by a similar malady in M&A, is writing down assets acquired before the financial crisis....
...The country’s first attempt at CCS “was a catastrophe”, according to Per Brevik, head of sustainability in northern Europe for HeidelbergCement....
...But even as the legislation looks set to enter the statute books, 26 of the affected companies, including Dax-listed MTU Aero Engines and HeidelbergCement, have yet to nominate a woman to their executive...
...Hanson UK, the British arm of HeidelbergCement Group, has teamed up with researchers at Swansea University to experiment with the use of green hydrogen to replace natural gas in burners at its plant in Port...
...Right at the bottom of its constituents was Continental AG, the car parts manufacturer, which shaved off 3.5 per cent off its share price....
...Germany’s HeidelbergCement must keep itself busy elsewhere. The problem for the world’s second-largest cement maker is that trends are broadly negative....
...hold” and upgrades Admiral to “reduce” — Galliford Try cut to “hold” at Canaccord — Peel Hunt raises JD Wetherspoon to “hold” — Numis raises Inmarsat to “hold” — Goldman Sachs starts coverage of CRH and HeidelbergCement...
...At the same time, Brussels blocked HeidelbergCement and Schwenk’s takeover of Cemex Croatia as the companies failed to address the regulator’s concern that the deal would significantly reduce competition...
...Among the leading players are giant Chinese businesses, European corporations like LafargeHolcim and HeidelbergCement and Cemex of Mexico....
.... ————— Big deals blocked under Vestager ● Hutchison 3G UK/Telefónica UK, decision on May 2016 ● Deutsche Börse/London Stock Exchange Group, March 2017 ● HeidelbergCement/Schwenk/Cemex Hungary/Cemex Croatia...
...The company is owned by Lone Star, the US private equity business, which acquired it last March from HeidelbergCement in a £990m deal....
...In the cement business, it is the exception; the achievement merited its very own bullet-point in HeidelbergCement’s annual results statement....
...Italcementi made revenues of €4.1bn in 2014 compared with around €13bn in sales at HeidelbergCement. “The tie up of HeidelbergCement and Italcementi is ideal....
...Two weeks after Holcim completed its takeover of Lafarge, HeidelbergCement has bagged Italcementi....
...HeidelbergCement does not believe that greater size will bring a competitive advantage for the new Franco-Swiss entity....
...Last week, HeidelbergCement said it would return more cash to shareholders by increasing its targeted dividend payout ratio. It will also consider share buybacks....
...Yet even as Holcim and Lafarge wrangle over a tie-up in the name of efficiency, well-trailed results at HeidelbergCement, with no such distractions, point to a company achieving it on its own....
...Other foreign acquisitions include Germany’s HeidelbergCement’s purchase of a 45 per cent stake in Italcementi, which is controlled by the Pesenti family, for €1.7bn in a two-part takeover to be completed...
...HeidelbergCement has taken action to protect its IT systems by disconnecting local computers from its network....
...Bernd Scheifele, chief executive of HeidelbergCement, the cement maker, says: “The problem in a world of zero interest rates is that it’s very difficult to find projects where you can still earn the WACC...
...The UK’s big three — CRH-owned Ibstock, Wienerberger, and Hanson, part of HeidelbergCement — went into the downturn with 55 brickworks between them. By 2013, just 34 remained....
...HeidelbergCement, the world’s third-biggest cement maker, has sold its brickmaking business for a purchase price of $1.4bn to private equity firm Lone Star....
...The UK’s big three – Wienerberger, CRH-owned Ibstock and Hanson, part of HeidelbergCement – went into the downturn with 55 brickworks between them. By 2013, just 34 remained....
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