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Heidelberg Materials is reportedly in discussions to acquire joint-venture partner Sabanci Holding's 39.72% stake in Turkish cement producer Akcansa Cimento, which would give Heidelberg majority control. An undisclosed third party has made a USD 1.1 billion offer for the stake.
“German building materials maker Heidelberg Materials (publ.) is reportedly looking to double its 39.72% stake and obtain majority control in Akcansa Cimento.”mainsights.io
Summarized from public sources; check the original articles before acting on it.