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United States

Construction Materials

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US Concrete says, upon termination, fee of C$10 mln will be payable by Polaris under certain circumstances

Monday, 2 Oct 2017 06:24am EDT

Oct 2 (Reuters) - US Concrete Inc ::US Concrete-arrangement agreement provides that, upon termination, termination fee of c$10 million will be payable by Polaris under certain circumstances.US Concrete- Polaris & co are permitted to terminate deal without payment of a termination fee if deal is not completed on or before Dec 31- sec filing.

U.S. Concrete buys 2 California ready-mixed concrete operations

Monday, 2 Oct 2017 06:00am EDT

Oct 2 (Reuters) - US Concrete Inc ::U.S. Concrete acquires two northern California ready-mixed concrete operations.US Concrete Inc - acquisitions include two ready-mixed concrete batch plants and 23 mixer trucks.US Concrete Inc - co's unit, norcal materials, has acquired assets of two imdependently owned concrete operations, harbor ready-mix and a-1 materials.US Concrete Inc - acquisitions also include assets of L.C. Frey co, a landscape materials business related to a-1's operations.

POLARIS ANNOUNCES ARRANGEMENT AGREEMENT WITH U.S. CONCRETE

Friday, 29 Sep 2017 11:45am EDT

Sept 29 (Reuters) - Polaris Materials Corp ::POLARIS ANNOUNCES ARRANGEMENT AGREEMENT WITH U.S. CONCRETE AND TERMINATION OF ARRANGEMENT AGREEMENT WITH VULCAN MATERIALS.IN CONNECTION WITH TERMINATION OF VULCAN ARRANGEMENT AGREEMENT, COMPANY PAID C$10 MILLION TO VULCAN AS A TERMINATION FEE​.‍U.S. CONCRETE HAS ADVANCED FUNDS FOR PAYMENT OF C$10 MILLION TERMINATION FEE PAYABLE PURSUANT TO VULCAN AGREEMENT.‍USCR ARRANGEMENT WILL BE FINANCED WITH CASH ON HAND AND IS NOT SUBJECT TO ANY FINANCING CONTINGENCY​.

POLARIS ANNOUNCES ARRANGEMENT AGREEMENT WITH U.S. CONCRETE

Friday, 29 Sep 2017 11:45am EDT

Sept 29 (Reuters) - Polaris Materials Corp ::POLARIS ANNOUNCES ARRANGEMENT AGREEMENT WITH U.S. CONCRETE AND TERMINATION OF ARRANGEMENT AGREEMENT WITH VULCAN MATERIALS.IN CONNECTION WITH TERMINATION OF VULCAN ARRANGEMENT AGREEMENT, COMPANY PAID C$10 MILLION TO VULCAN AS A TERMINATION FEE​.‍U.S. CONCRETE HAS ADVANCED FUNDS FOR PAYMENT OF C$10 MILLION TERMINATION FEE PAYABLE PURSUANT TO VULCAN AGREEMENT.‍USCR ARRANGEMENT WILL BE FINANCED WITH CASH ON HAND AND IS NOT SUBJECT TO ANY FINANCING CONTINGENCY​.

Lafarge Africa proposes to merge with United Cement Of Nigeria‍​ and Atlas Cement

Wednesday, 27 Sep 2017 04:26am EDT

Sept 27 (Reuters) - LAFARGE AFRICA PLC ::PROPOSES TO MERGE UNITED CEMENT CO OF NIGERIA‍​ AND ATLAS CEMENT CO LTD WITH LAFARGE AFRICA.

CRH to buy Ash Grove Cement for $3.5 bln

Wednesday, 20 Sep 2017 10:27pm EDT

Sept 20 (Reuters) - CRH Plc :CRH agrees US$3.5 bln acquisition of Ash Grove Cement.Says transaction is expected to close around year end 2017.Deal will be financed through existing financial resources.

CRH to buy Ash Grove Cement for $3.5 bln

Wednesday, 20 Sep 2017 10:27pm EDT

Sept 20 (Reuters) - CRH Plc :CRH agrees US$3.5 bln acquisition of Ash Grove Cement.Says transaction is expected to close around year end 2017.Deal will be financed through existing financial resources.

HeidelbergCement AG plans to dispose non-core assets to offset Cementir Italia purchase

Tuesday, 19 Sep 2017 01:00pm EDT

Sept 19 (Reuters) - HeidelbergCement AG :Says Cementir Italia purchase has no impact on 2017, 2018 net investments.Says intends to dispose non-core assets to offset acquisition.

HeidelbergCement AG plans to dispose non-core assets to offset Cementir Italia purchase

Tuesday, 19 Sep 2017 01:00pm EDT

Sept 19 (Reuters) - HeidelbergCement AG :Says Cementir Italia purchase has no impact on 2017, 2018 net investments.Says intends to dispose non-core assets to offset acquisition.

PPC sets up independent board to consider terms of Fairfax partial offer

Friday, 15 Sep 2017 08:30am EDT

Sept 15 (Reuters) - PPC Ltd::constituted independent board; currently considering terms, conditions, merits, of transaction in addition to other proposals received​.

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