RAK Cement postpones acquisition of Newtech cement plant and quarry

Written by Global Cement staff 25 March 2019

UAE: RAK Cement has postponed its acquisition of Newtech cement and the Al banna quarry due to incomplete financing. It previously announced the purchase in late February 2019. It planned to buy the assets for around US$123m.

Last modified on 26 March 2019

Published in Global Cement News

Tagged under

RAK Cement Company
Acquisition
Plant
Quarry
Newtech
delay
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RAK Cement postpones acquisition of Newtech cement plant and quarry

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