Vicat sale

19 March 2008

Heidelberg Cement has completed the sale of its 35% stake in France-based Vicat group, which produces cement, aggregates and ready mixed concrete. The company sold its 16,4 million shares at € 86 each, for total proceeds of € 1,4 billion. Heidelberg says the majority of the shares – 9,99 million – were sold via a private placement. Some 0,77 million were placed on the open market, with the remainder being sold to Vicat itself and its other private owners

Latest News
Navigating sustainability in the equipment rental industry
ERA handbook offers insights into sustainability challenges
Hochtief subsidiary wins second Melbourne Airport construction package
CPB, part of Hochtief-owned CIMIC Group, has won a second construction package for work at Melbourne Airport
Himoinsa reports growth in European revenue
Almost half now comes from the region