All Mergers & acquisitions Articles

ACS acquires New York contractor
Spainish contractor to pay US$ 93.6 million for tunnelling specialist with US$ 800 million order book.
Cintra sells majority of Chilean subsidiary
Cintra, Ferrovial’s toll road subsidiary, has agreed the sale of 60% of Cintra Chile to the Colombian ISA Group for US$ 300 million.
Hochtief sells to Zech
Germany’s Zech Group has acquired the majority holding in Hochtief do Brasil. The acquisition will see Hochtief retain a minority interest in the company, which is based in Sao Paulo.
Emaar abandons merger with Dubai Holdings
The UAE’s Emaar Properties has abandoned its plans to merge with Dubai Holdings.
Caterpillar buys into South Korea
Caterpillar is to acquire JCS, a subsidiary of South Korea’s Jinsung TEC. JCS manufactures undercarriage components for earthmoving and other off-highway equipment.
Balfour Beatty to buy Parsons Brinckerhoff
US-based consultant will retain brand and operate as an independent subsidiary.
Doosan buys Skoda Power
Doosan Heavy Industries and Construction has acquired Czech power plant equipment maker Škoda Power.
Hitachi to fully acquire TCM
All-share deal to go ahead before the end of the year.
Vinci to acquire Cegelec
All share deal will create one of Europe's largest energy contractors and make Cegelc's former owner, investment fund Qatari Diar, one of Vinci's largest shareholders.
Shareholders approve US house building merger
Pulte Homes and Centex shareholders approve merger, paving the way for the creation of the US’s largest home builder
Holcim pulls out of Central America & Caribbean
Following the expropriation of its Venezuelan businesses, Holcim is selling its operations in Central America and the Caribbean, because it says they are no longer viable.
Lafarge to sell Chilean business
Lafarge is to sell its interests in cement, aggregates and concrete businesses in Chile to the Peruvian conglomerate Brescia Group for US$ 555 million.
Deere seals Indian joint venture
Deere and Ashok Leyland reach legal close on construciton equipment joint venture company.
Daewoo E&C stake up for sale
Kumho Asiana to divest 33% shareholding.
Emaar to merge with other Dubai developers
Talks with Dubai Holdings could see the consolidation of four major Dubai real estate companies.
L&T exits Ultratech Cement
Final stake sold for US$ 220 million.
Heidelberg reduces Indonesian stake
Heidelberg Cement has cut its stake in Indonesia's largest cement manufacturer to 51%.
Centex and Pulte to merge
Centex and Pulte Homes have agreed to merge to create the largest house builder in the US.
Multiquip gets EZ Grout exclusive
Multiquip has signed a deal with EZ Grout that will see the former become the exclusive distributor for EZ Grout equipment in the US and Mexico.
Aecon to buy Lockerbie for CA$ 220 million
Aecon, one of Canada's largest construction groups, has agreed to acquire Lockerbie & Hole for CA$ 220 million (US$ 178.3 million).
Page 24 of 26