HeidelbergCement Reportedly Seeks to Divest $1.5 Billion U.S. Assets

Germany-based HeidelbergCement AG is exploring the sale of some of its U.S. assets as the producer’s chief executive Dominik von Achten seeks to divest peripheral businesses, reported Bloomberg. The company is working with Morgan Stanley on the sale of California operations, which could fetch around $1.5 billion, according to people familiar with the matter. 

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HeidelbergCement Joins Progressive Climate Policy Group

8 HeidelbergCement

HeidelbergCement has strengthened its commitment to climate protection by joining Foundation 2° (Stiftung 2°) – a network of entrepreneurs for progressive climate policy. Together with the Foundation 2°, the company hopes to develop cross-sector approaches and concepts for Germany and Europe in order to make climate protection a sustainable and successful business model.

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