Germany: HeidelbergCement intends to sell its building products business and has already contacted several banks about the deal. The division is expected to be sold for Euro1.1 – 1.5bn, according to the Financial Times. CEO Bernd Scheifele has been reportedly planning on conducting the sale for a long period. In the 2013 financial year the company's building products business saw its revenue fall by a tenth to Euro1.1bn.
HeidelbergCement to sell building products business
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