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UK's CMA Says Served Initial Enforcement Order In Relation To Breedon-Cemex Deal
Breedon To Buy CEMEX's UK Assets For £178 Mln
CEMEX To Divest Some UK Assets To Breedon For $235 Mln
Breedon Group plc, formerly Breedon Aggregates Limited, is an independent construction materials company. The Company's operations include a cement plant, two cementitious import terminals, approximately 60 quarries, over 30 asphalt plants, over 200 ready-mixed concrete plants and three concrete products plants. Its segments include Breedon Northern, Breedon Southern and Hope Cement. It supplies a range of cementitious products, crushed rock, sand and gravel, asphalt, ready-mixed concrete and mortar, as well as concrete products and contract surfacing services. Its contract surfacing business comprises road surfacing and maintenance projects, from road networks to car parks, domestic driveways and farm access roads. It produce a range of concrete walling and paving products, blocks and pre-stressed T-beams from its factories in England and Scotland. Its asphalt products are used in various applications, from roads to airport runways, car parks, sport surfaces and domestic driveways.
Pinnacle House, Breedon Quarry
Non-Executive Chairman of the Board
Patrick Robert Ward
Group Chief Executive Officer, Director
Group Finance Director, Director
David Jefferys Williams
Non-Executive Independent Director
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British construction materials firm Breedon Group Plc <BREE.L> said on Wednesday it would buy certain UK assets from Mexico's CEMEX SAB de CV <CEMEXCPO.MX> for 178 million pounds, as it looks to be a bigger player in Britain and Ireland.
British construction materials firm Breedon Group Plc said it would buy certain UK assets and operations from Mexico's CEMEX SAB de CV for 178 million pounds ($233.79 million), strengthening its position in Britain and Ireland.
* SELLER SOLD 139.7 MILLION SHARES OF BREEDON BY ACCELERATED BOOKBUILD AT 59 PENCE/SHARE, RAISING GROSS PROCEEDS OF £82.4 MILLION
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