R/€ = 14.21
R/$ = 10.58
Au 1305.53 $/oz
Pt 1486.50 $/oz
Jun 13, 2008
Anglo sells Tarmac unit to Holcim for $230mBack
Madrid|Aggregate|Concrete|Holcim Spain|Tarmac Iberia|USD|Aggregate Supplier|Mining|Mediterranean Coast|Mediterranean
© Reuse this Global mining giant Anglo American on Friday announced its intention to sell ready-mix concrete and aggregate supplier Tarmac Iberia to Holcim Spain for up to $230-million.
Tarmac Iberia’s primary markets in the greater Madrid, Mediterranean coast and Catalonia areas and in 2007 reported net sales of $284-million.
Completion of the transaction was expected to take place by September 2008, and was subject to regulatory approval.
Edited by: Creamer Media Reporter© Reuse this Comment Guidelines
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