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Çimsa, a subsidiary of Sabancı Holding, signed a binding agreement to acquire CEMEX's Buñol White Cement Plant in Valencia, Spain for $180 million. The sale is expected to close in the second half of 2019.
Kordsa, a subsidiary of Sabanci Holding, has agreed to acquire Axiom Materials, a supplier of advanced composites. The acquisition is subject to regulatory approvals.