Martin Marietta CEO Zelnak to retire Nov 13, 2009
Before joining Martin Marietta, Nye spent 13 years with Hanson PLC, where he had most recently held the position of executive vice president of that firm's North American aggregates business. He replaces a man who has led Martin Marietta for more than 27 years, first as a division of the aerospace company that is now and since 1994 as a publicly traded company. (Triangle Business Journal)
Cemex May Offer Discount as Zambrano Competes With Rossi, PDG Share Sales Sep 21, 2009
HeidelbergCement, based in Heidelberg, Germany, is planning to sell shares after running up debt with the $12 billion purchase of Hanson Plc in 2007. The sale would raise as much 2. (Bloomberg -- Latin America)
HeidelbergCement Agrees to Sixfold Rise in Margin on $12 Billion of Loans Jun 20, 2009
HeidelbergCement, which paid a 65 basis-point spread on loans funding its $12 billion of U.K.s Hanson Plc in 2007, has consolidated debt, cut costs and sold assets to combat the global recession. The suicide of main shareholder in January raised doubts about the companys future. (Bloomberg -- Germany)
HeidelbergCement Said to Agree to Increase in Interest on $12 Billion Loan Jun 19, 2009
The margin compares with the 65 basis-point spread HeidelbergCement agreed to pay in 2007 on loans used for its $12 billion acquisition of London-based Hanson Plc. is rolling its existing loans including the debt used to buy Hanson into the new facility, the company said in a statement today. (Bloomberg -- Germany)