Vicat sale
19 March 2008
Heidelberg Cement has completed the sale of its 35% stake in France-based Vicat group, which produces cement, aggregates and ready mixed concrete. The company sold its 16,4 million shares at € 86 each, for total proceeds of € 1,4 billion. Heidelberg says the majority of the shares – 9,99 million – were sold via a private placement. Some 0,77 million were placed on the open market, with the remainder being sold to Vicat itself and its other private owners
STAY CONNECTED
Receive the information you need when you need it through our world-leading magazines, newsletters and daily briefings.
CONNECT WITH THE TEAM
Neil Gerrard
Senior Editor, Editorial, UK - Wadhurst
Tel: +44 (0) 7355 092 771
E-mail: [email protected]
Catrin Jones
Deputy Editor, Editorial, UK – Wadhurst
Tel: +44 (0) 791 2298 133
E-mail: [email protected]