Hanson accepts Heidelberg takeover
German cement maker HeidelbergCement AG has agreed to buy Britain's Hanson Plc for £8 billion (€11.7 billion) to create the world's second-largest company in construction materials. Aggregates producer, Hanson, agreed a recommended offer at 1,100 pence per share in cash, the two companies said in a statement. The deal will be the biggest takeover in the sector and creates a building material . . . more |