Southwest Cement

China

Activity by year

201820192020202120222023202420252026

Acquisition

Announcements · 3

Mar 3, 2021ACQUISITIONChina$96.0M
CNBM to increase stake in Tianshan Cement to 88% as part of restructuring
China National Building Materials (CNBM) plans to increase its stake in Tianshan Cement to 88% from 46%. Tianshan Cement will acquire China United Cement, Sinoma Cement, and majority stakes in Southwest Cement and South Cement. Tianshan Cement also agreed to buy Jiangxi Wannianqing Cement's 1.3% stake in South Cement for US$96.0m.
Southwest Cement target China United Cement target Tianshan Cement target Sinoma Cement target South Cement target Jiangxi Wannianqing Cement Co., Ltd. partner #Construction Materials globalcement.com
Jul 24, 2020ACQUISITIONChina$9.35B
China National Building Material to sell cement assets to Tianshan Cement
China National Building Material (CNBM) signed a letter of intent to sell certain cement business assets to its subsidiary Tianshan Cement, with consideration in Tianshan Cement shares and/or cash. The assets include stakes in several cement companies.
China National Building Material Group China National Building Materials Group Corp China National Building Material Group partner China National Building Material Group target LiMA partner China Building Materials Corporation target #Construction Materials zhitongcaijing.com beta.zhitongcaijing.com caixinglobal.com
Jun 21, 2018ACQUISITIONChina$295.0M
CNBM increases majority stake in Southwest Cement for US$295m
China National Building Material (CNBM) agreed to buy an additional 18.7% stake in Southwest Cement for US$295m from Zhonshai Trust, increasing its ownership to 88.7%.
China National Building Material Group acquirer Southwest Cement target #Construction Materials globalcement.com

Dealingsⓘ

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