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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Italmobiliare Spa | BIT:ITM | Italy | Ordinary Share |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.65 | 2.33% | 28.55 | 28.00 | 28.75 | 28.65 | 27.75 | 27.90 | 56,135 | 17:00:00 |
Germany's HeidelbergCement AG and Italian rival Italcementi SpA are discussing a combination, according to people familiar with the matter, in a deal that would further consolidate Europe's building-materials industry.
Italcementi had a market value Tuesday of €2.3 billion ($2.5 billion), meaning that, with a typical takeover premium, a tie-up could value it at more than $3 billion should the company be bought out in full. Details of the combination the companies are discussing couldn't be learned.
HeidelbergCement had a market capitalization of €13.3 billion.
Write to Shayndi Raice at shayndi.raice@wsj.com, Eyk Henning at eyk.henning@wsj.com and Eric Sylvers at eric.sylvers@wsj.com
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1 Year Italmobiliare Chart |
1 Month Italmobiliare Chart |
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