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September 22, 2017

Cementir sells Italian assets to HeidelbergCement for 315 million euros

ICAdmin
September 22, 2017

MILAN (Reuters) - Italy’s third-largest cement maker Cementir Holding (CEMI.MI) has agreed to sell its domestic assets to Italcementi, owned by Germany’s HeidelbergCement (HEIG.DE), it said on Tuesday.

Cementir, controlled by the Caltagirone family, said the deal had an enterprise value of 315 million euros ($377 million)... Read More

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