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News HeidelbergCement, Holcim and Sabancı Holding are potential buyers for Sika’s US assets

HeidelbergCement, Holcim and Sabancı Holding are potential buyers for Sika’s US assets

Written by Global Cement staff 20 May 2022
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US: Bloomberg has named Germany-based HeidelbergCement, Switzerland-based Holcim and Turkey-based Sabancı Holding as possible bidders for some of Sika’s US admixtures assets. Sika is seeking to divest the assets in order to obtain competition authorities’ approval for its US$6bn acquisition of Germany-based construction chemicals company MBCC from Lone Star Funds.

Last modified on 25 May 2022
Published in Global Cement News
Tagged under
  • US
  • HeidelbergCement
  • Holcim US
  • Holcim
  • Sabancı Holding
  • Bid
  • offer
  • Assets
  • businesses
  • Competition
  • MBCC Group
  • Lone Star Funds
  • admixtures
  • Sika
  • GCW558

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