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HeidelbergCement France buys 45 pct stake in Italcementi, to launch tender offer

Friday, 1 Jul 2016 11:33am EDT

Italcementi Fabbriche Riunite Cemento SpA Bergamo : HeidelbergCement France SAS, a HeidelbergCement unit , buys 157,171,807 ordinary shares of Italcementi representing 45 percent of share capital of Italcementi . Transactions have been performed based on a per share consideration equal to 10.6 euros ($11.82) . Legal requirements for HeidelbergCement France to launch mandatory tender offer are met .HeidelbergCement France to pay 10.6 euros per share in tender offer.

UNION to halt precious metal production factory in Pohang

Friday, 24 Jun 2016 03:50am EDT

UNION CORPORATION <000910.KS>: Says it will halt precious metal production factory in Pohang from June 24 due to metal price depression .Says sales revenue of suspended factory is 9.3 billion won.

Hainan RuiZe New Building Material to dissolve branches

Wednesday, 22 Jun 2016 11:32pm EDT

Hainan RuiZe New Building Material Co Ltd <002596.SZ>: Says it to dissolve five branches in Hainan, China .Says these branches are engaged in production and sale of commercial concrete, etc.

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