HeidelbergCement Said Choosing Bidders for $1 Billion AssetsBy and
German company said to sell Italcementi’s Belgian, U.S. assets
Cimsa Cimento, Cementir among bidders for Belgian business
HeidelbergCement AG has made a preliminary selection among more than a dozen offers for $1 billion of assets owned by Italcementi SpA in Belgium and the U.S. that the German producer has to sell before completing the planned acquisition of its Italian competitor, said people familiar with the matter.
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