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Heavy Industry

Huaxin Cement revises Holcim buy price up
By STAFF EDITOR
Published: December 04, 2007 12:00 PM
Huaxin Cement, a leading Chinese building material maker, said it will raise the asking price for a private placement to Holchin BV, a wholly-owned unit of Switzerland's Holcim, the world’s second largest building material maker, after Chinese authorities were unsatisfied with the previous deal, the Shanghai Securities News reported. Huaxin will issue no more than 160 million shares to the ...
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