Italcementi Fabbriche Riunite Cemento SpA Bergamo (ITAI.MI) Key Developments | Reuters.com
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Italcementi Fabbriche Riunite Cemento SpA Bergamo (ITAI.MI)

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Latest Key Developments (Source: Significant Developments)

Heidelbergcement issues 750 mln eur bond for Italcementi deal
Wednesday, 25 May 2016 12:45pm EDT 

Heidelbergcement AG : Places 750 million euro bond . Says bond used to refinance Italcementi acquisition .Bond maturity until 2024 at 2.25 pct.  Full Article

HeidelbergCement AG announces the integration plan for Italcementi
Tuesday, 5 Apr 2016 12:51pm EDT 

HeidelbergCement AG:Announces the integration plan for Italcementi.The re-organisation will impact about 400 of the current 2.500 jobs in Italy until 2020.In order to address potential competition concerns, HeidelbergCement has decided to propose the divestment of Italcementi’s entire Belgian operations, primarily consisting of Italcementi’s Belgian subsidiary Compagnie des Ciments Belges SA.  Full Article

Italcementi Fabbriche Riunite Cemento SpA Bergamo proposes no FY 2015 dividend
Thursday, 18 Feb 2016 12:17pm EST 

Italcementi Fabbriche Riunite Cemento SpA Bergamo:To propose not to distribute a dividend for FY 2015 (0.09 euro per share for FY 2014).  Full Article

Italcementi Fabbriche Riunite Cemento SpA Bergamo board approves sale to Italmobiliare SpA of 241 mln euros​ in non-core assets
Friday, 18 Dec 2015 12:24pm EST 

Italcementi Fabbriche Riunite Cemento SpA Bergamo:‍Board approves sale to Italmobiliare of a number of non-core assets of an overall asset value of 241 million euros.  Full Article

Italcementi unit sells 5.24 percent stake in West China cement for HK$ 341 million
Friday, 18 Sep 2015 11:33am EDT 

Italcementi Fabbriche Riunite Cemento SpA Bergamo:Unit CimFra (China) Limited SAS sells entire 5.24 percent stake in West China Cement 2233.HK for HKD 341 million.  Full Article

HeidelbergCement acquires 45 pct of shares in Italcementi S.p.A. from Italmobiliare S.p.A
Tuesday, 28 Jul 2015 02:32pm EDT 

HeidelbergCement AG:Acquires 45 pct of the shares in Italcementi S.p.A. from Italmobiliare S.p.A.Purchase price amounts to 10.60 euros per Italcementi share and therefore a total of around 1.67 billion euros.Purchase price will be partially paid by way of issuing to Italmobiliare S.p.A. at least 7.75 million and at most 10.5 million new shares in HeidelbergCement AG resulting from a yet to be carried out capital increase against contribution in kind.Acquisition will be financed through a bridge financing of 4.4 billion euros provided by a bank consortium.  Full Article

Italcementi Fabbriche Riunite Cemento unit acquires two Holcim facilities
Tuesday, 21 Apr 2015 08:00pm EDT 

Italcementi Fabbriche Riunite Cemento SpA Bergamo:Says its unit Essroc signed an agreement with Holcim to purchase a slag cement grinding facility in Camden, New Jersey.Says as part of the transaction, Essroc to obtain Holcim cement terminal in Everett, Massachusetts.Says the acquisition to be finalized after the completion of the pending Holcim and Lafarge merger.Says Holcim's staff in Camden and Everett will join Essroc.  Full Article

Italcementi Fabbriche Riunite Cemento SpA Bergamo: Standard & Poor's changes corporate rating from BB+ with negative outlook to BB with stable outlook
Friday, 17 Apr 2015 01:00pm EDT 

Italcementi Fabbriche Riunite Cemento SpA Bergamo:Standard & Poor's changes corporate rating from BB+ with negative outlook to BB with stable outlook.  Full Article

Italcementi Fabbriche Riunite Cemento SpA Bergamo proposes FY 2014 dividend
Wednesday, 4 Mar 2015 01:03pm EST 

Italcementi Fabbriche Riunite Cemento SpA Bergamo:Proposes FY 2014 dividend of 0.09 euro per share ( FY 2013: 0.06 euro per share) paid on May 20.  Full Article

Italcementi Fabbriche Riunite Cemento SpA Bergamo launches new cement plant in Bulgaria-Reuters
Wednesday, 15 Oct 2014 08:00pm EDT 

Italcementi Fabbriche Riunite Cemento SpA Bergamo:Italcementi launched the new production plant of Dvnya Cement, in Bulgaria, following the modernization of the cement plant with a total investment above 160 mln euros-Reuters.The new plant will produce 4,000 tons of clinker per day, for a total of about 1.5 mln tons of cement per year, and will be fully operational as of FY 2015.  Full Article

CORRECTED-German stocks - Factors to watch on June 20

FRANKFURT, June 20 The DAX top-30 index looked set to open 2.2 percent higher on Monday, according to premarket data from brokerage Lang & Schwarz at 0600 GMT.