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Name | Symbol | Market | Type |
---|---|---|---|
Heidelberg Materials AG (PK) | USOTC:HDELY | OTCMarkets | Depository Receipt |
Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.64 | 2.47% | 26.55 | 26.05 | 26.65 | 26.64 | 26.09 | 26.155 | 462,983 | 22:00:02 |
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 Heidelberg Materials (PK) Chart |
1 Month Heidelberg Materials (PK) Chart |
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