HeidelbergCement to acquire Italcementi

HeidelbergCement has announced that it has entered into a purchase agreement to acquire a 45% share holding in Italcementi for a total purchase price of €1.67 billion. The acquisition, expected in 2016, is subject to regulatory approval, particularly regarding competition in Europe and the US. 

http://www.worldcement.com/the-americas/29072015/HeidelbergCement-to-acquire-Italcementi-230/