- European Commission provides clearance for proposed acquisition of Italcementi
- HeidelbergCement issues a Eurobond with a volume of €750 million
- HeidelbergCement – Annual General Meeting
26 May 2016
Today, HeidelbergCement has received clearance from the European Commission for the acquisition of Italcementi. The proposed divestment of operations in Belgium, primarily consisting of Italcementi’s Belgian subsidiary Compagnie des Ciments Belges S.A. (CCB), which addresses the competition concerns in Europe, was accepted by the European Commission. The decision of the US regulator FTC is still pending.
25 May 2016
Refinancing needs for Italcementi acquisition largely covered - Today, HeidelbergCement priced a Eurobond issue (ISIN XS1425274484) under its €10 billion EMTN programme with an issuance volume of €750 million and a maturity date of 3 June 2024. The bond was issued at the upper end of the volume and the lower end of the coupon range. Demand was very high; the bond was more than 4 times oversubscribed.
4 May 2016
On Wednesday, 4 May 2016, at the Kongresshaus Stadthalle Heidelberg, Germany In his speech to about 280 shareholders, Dr. Bernd Scheifele, Chairman of the Managing Board, offered a look back at HeidelbergCement’s successful development in 2015. Despite a weakening in global economic growth in the course of the year, HeidelbergCement developed well and met the forecasts and objectives of the financial year 2015. Especially operating income and the profit for the financial year increased significantly. Aside from the Group’s advantageous geographical positioning in countries with solid economic...