HeidelbergCement progressing successfully with deleveraging

Progressing further with its disposal programme, Heidelberg
Cement has sold 520.5 million shares representing 14.1 % of the 65.1 % stake which it holds in the Indonesian cement producer PT Indocement Tunggal Prakarsa. The 220 million € private placement to international institutional investors enables HeidelbergCement to reduce the existing debt.

Indocement, one of Indonesia’s leading cement manufacturers with a production capacity of 17.1 million t, is a cornerstone of HeidelbergCement’s Asia strategy. “At 51 %, we will retain our controlling stake in Indocement, while being able to further...

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HeidelbergCement progressing successfully with deleveraging

Progressing further with its disposal programme, Heidelberg Cement has sold 520.5 million shares representing 14.1 % of the 65.1 % stake which it holds in the Indonesian cement producer PT Indocement...

more
Issue 11/2018 HEIDELBERGCEMENT AG

HeidelbergCement to sell White Cement plant in Egypt

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HeidelbergCement reduces its stake in Ciments du Maroc

HeidelbergCement announced the sale of around 1.1 million shares representing 7.8?% of Ciments du Maroc’s share capital for an aggregate amount of approximately € 140 million. The shares were sold...

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Holding in CJSC increased

HeidelbergCement has increased its holding in the ­Russian cement company CJSC “Construction Materials” from 51?% to 100?%. The parties have agreed not to disclose the purchase price. The purchase...

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Developing cement capacities in Africa

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