News: Heidelbergcement AG (HEIG.DE)

HEIG.DE on Xetra

59.06EUR
23 Dec 2014
Price Change (% chg)

€1.01 (+1.74%)
Prev Close
€58.05
Open
€58.16
Day's High
€59.06
Day's Low
€57.99
Volume
411,048
Avg. Vol
810,525
52-wk High
€68.66
52-wk Low
€48.32

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Wed, Dec 24 2014

UPDATE 1-HeidelbergCement sells building products arm to Lone Star

* Price tag $1.4 bln, up to $100 mln hinging on performance

HeidelbergCement sells building products business to Lone Star

FRANKFURT, Dec 24 - Germany's HeidelbergCement AG said on Wednesday it clinched a deal to sell its Hanson Building Products business to private equity firm Lone Star Funds for $1.4 billion.

Deals of the day- Mergers and acquisitions

(Adds Stryker, HeidelbergCement, Family Dollar, Portugal Telecom and others)

HeidelbergCement in talks to sell unit to Lone Star Funds: sources

- Germany's HeidelbergCement AG is negotiating to sell Hanson Building Products Ltd, a maker of concrete and clay building products, to private equity firm Lone Star Funds, according to people familiar with the matter.

HeidelbergCement in talks to sell unit to Lone Star Funds -sources

Dec 23 - Germany's HeidelbergCement AG is negotiating to sell Hanson Building Products Ltd, a maker of concrete and clay building products, to private equity firm Lone Star Funds, according to people familiar with the matter.

BRIEF-HeidelCement says to sell property in Sweden

* Says agreed minimum price for property is around 115 million eur

UPDATE 1-HeidelbergCement Q3 profit lifted by price hikes

* Shares rise as much as 6 percent (Adds profit margin, analyst comment, share price)

Legrand loses ground as European shares slip ahead of ECB

LONDON, Nov 6 - European shares fell on Thursday, with switch maker Legrand underperforming, as investors' caution that a European Central Bank (ECB) meeting might not yield new monetary easing measures weighed on markets.

HeidelbergCement core profit beats consensus on price increases

FRANKFURT, Nov 6 - German cement maker HeidelbergCement posted a better than expected 10 percent rise in core profit as it pushed through price increases in North America, Britain and Indonesia.

HeidelbergCement won't buy Lafarge, Holcim assets

FRANKFURT, Nov 3 - Germany's HeidelbergCement said it does not intend to bid for a portfolio of assets being sold by Holcim and Lafarge, which have agreed to merge.

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