Heidelberg Materials North America Enters Into Purchase Agreement To Acquire Giant Cement Holding
Nov 28 (Reuters) -HEIDELBERG MATERIALS AG HEIG.DE:
HEIDELBERG MATERIALS - HEIDELBERG MATERIALS NORTH AMERICA ANNOUNCED TODAY THAT IT HAS ENTERED INTO A DEFINITIVE PURCHASE AGREEMENT TO ACQUIRE GIANT CEMENT HOLDING INC. (GCHI)
HEIDELBERG MATERIALS - PURCHASE PRICE FOR TRANSACTION IS APPROXIMATELY $600 MILLION SUBJECT TO ORDINARY POST-CLOSING ADJUSTMENTS
HEIDELBERG MATERIALS - TRANSACTION IS EXPECTED TO CONTRIBUTE AROUND $60 MILLION IN EBITDA IN FIRST YEAR OF OPERATION BEFORE SIGNIFICANT ADDITIONAL SYNERGIES
Source text: ID:nGNX9ngZvG
Further company coverage: HEIG.DE
(Gdansk Newsroom)
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