TBBBearing,Let the world have no hard to buy Bearings

+86 21 38726186
tbb@tbbbearing.com

One Request, Multiple Quotes
Products
Products News

HeidelbergCement will not bid for Vulcan

US: The German cement maker HeidelbergCement has said that it will not place a counter bid for US competitor Vulcan after US Martin Marietta offered US$4.8bn for Vulcan.

HeidelbergCement's CEO Bernd Scheifele said that HeidelbergCement would wait until the deal was closed and then see if any assets are put up for sale. He said that he does not expect any big consolidation moves in the industry in the short term, because companies are currently preoccupied with reducing their debts.

Scheifele stuck to the company's forecast to book US$15.3bn in revenue and US$1.82bn in operating profit in 2011, both above 2010's figures.

Home > News > OTHERS NEWS

HeidelbergCement will not bid for Vulcan

From : Global coment   Release times : 2018.05.07   Views : 1241

US: The German cement maker HeidelbergCement has said that it will not place a counter bid for US competitor Vulcan after US Martin Marietta offered US$4.8bn for Vulcan.

HeidelbergCement's CEO Bernd Scheifele said that HeidelbergCement would wait until the deal was closed and then see if any assets are put up for sale. He said that he does not expect any big consolidation moves in the industry in the short term, because companies are currently preoccupied with reducing their debts.

Scheifele stuck to the company's forecast to book US$15.3bn in revenue and US$1.82bn in operating profit in 2011, both above 2010's figures.

Disclaimers statement: All news (Except for TBB news) are collected from internet,and all copyright reserved by original authors.If they relate to your copyright,please contact us and we will delete in time,thanks.

Related articles
India Cement net profit down a massive 81% amid lower growth
India Cement net profit down a massive 81% amid lower growth
Votorantim Releases 1st Quarter 2011 Financial Results
Votorantim Releases 1st Quarter 2011 Financial Results
Pacific Cement resumes production in Fiji
Pacific Cement resumes production in Fiji
Dalmia Bharat ordered to pay US$4.5m in damages over coal import deal
Dalmia Bharat ordered to pay US$4.5m in damages over coal import deal
Zeljeznice and PPD Transport agree gypsum supply deal for Nasicecement
Zeljeznice and PPD Transport agree gypsum supply deal for Nasicecement
'

Trade Alert - Delivering the latest product trends and
industry news straight to your inbox.

Services
How to ensure high quality products? How to control time and quality? What about the service process? How to control suppliers?
About Us
Company Profile TBB Family TBB Training
Help Center
How to query products How to contact us? How to make a quick inquiry Transaction process
Follow Us
Linkedln Facebook Twitter Pinterest Email
Copyright © 2000-2022 TBB Bearing Provision. All Rights Reserved.
Online Service
TRACY-TBB
MAGGIE-TBB
CHERRY-TBB
YORI-TBB
Asking for price
Asking for price
Release Your Inquiry for FREE !