Heidelberg Cement

Purchase agreement of 45 % of the shares in Italcementi S.p.A.

Heidelberg Cement AG, Germany, has entered into a purchase agreement with Italmobiliare S.p.A. for its approx. 45 % shareholding in Italcementi S.p.A., Italy, listed on the Milan stock exchange. The purchase price – subject to contractual purchase price reductions – amounts to € 10.60 per Italcementi share and therefore a total of around € 1.67 billion. The purchase price will be partially paid by way of issuing to Italmobiliare S.p.A. at least 7.75 million and at most 10.5 million new no-par value shares in Heidelberg ­Cement AG – this corresponds to at least 3.96 % and at most 5.29 % of the...

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Issue 09/2012

New management for finance and purchase

Oliver Tack (45) took over the position as commercial manager/finance director at Reuss-Seifert as of July 2, 2012. Having graduated in Business Administration, he started his career at Corus,...