Billionaire Merckle Said to Seek Bank Aid for Unit After Volkswagen Losses Nov 17, 2008
HeidelbergCement bought Hanson Plc, a producer of building materials, for 7. 85 billion pounds ($11. (Bloomberg -- Germany)
Taiheiyo Says U.S. Unit's Profit May Fall as Much as 20% on Housing Slump Apr 23, 2008
2 billion last July and HeidelbergCement AG in May 2007 bought London-based Hanson Plc, the world's largest aggregates supplier, for $16 billion. Taiheiyo's roots as Japan's first private cement maker began in 1881, when the nation was being modernized under the Meiji Restoration. (Bloomberg -- Japan)
Nortel taps Diageo veteran to help steer turnaround Oct 3, 2007
After a global search, Nortel settled on Mr. Binning, who had been CFO at British building materials firm Hanson PLC since the start of this year. It was sold in May. (Globe and Mail)
Nortel Networks Names Binning Chief Financial Officer as of Next Month Oct 2, 2007
Binning, 47, was previously CFO at Hanson Plc and Marconi Plc. He will join Toronto-based Nortel Nov. 12, the company said today in statement. (Bloomberg -- Canada)
Nortel finds new CFO in seasoned executive Oct 2, 2007
North America's biggest maker of telephone equipment said on Monday that Binning, who has been CFO of building materials firm Hanson Plc and telecom group Marconi Plc in the past, will take over as Nortel's chief financial officer on November 12. The appointment of Binning, who was not available for comment, is a key piece in Nortel Chief Executive Mike Zafirovski's plan to restore investor and analyst confidence in the company as it undertakes yet another turnaround. (Canada.com)
Columbus plant to head operations of Hanson buy Aug 16, 2007
The company is owned by Hanson Plc (NYSE:HAN), which in 2006 recorded a profit of $363. 4 million on $4. (Columbus Business First, OH)
Hanson Paver Products, Inc. Acquires NAVASTONE Aug 15, 2007
Hanson Building Products North America, a division of Hanson PLC, is comprised of Hanson Brick, Hanson Roof Tile, Hanson Pipe st, Hanson Structural Precast and Hanson Paver Products. Hanson Brick is the largest brick producer in North America. (Canada Newswire)
Saint-Gobain to buy HeidelbergCement's Maxit for euro2.125 billion (nearly $3 billion) Aug 8, 2007
2 billion) acquisition of the British building materials producer Hanson PLC announced in May. The deal will put HeidelbergCement second behind France's Lafarge SA.. (San Diego Union-Tribune -- Business)
Leaders and friends pay tribute to Benchoff Jul 14, 2007
In 1987, Hanson PLC of the United Kingdom acquired the entire Kidde group, including Grove, for 1. 4 billion. (Waynesboro Record Herald, PA)
Irving company buys Tullos Inc. Jul 5, 2007
The company is part of UK-based Hanson PLC.. Related Company stories. (Austin Business Journal, TX)
Hanson buys Austin company Jul 4, 2007
Irving-based Hanson Building Products North America is a division of London-based Hanson PLC, one of the world's largest suppliers of heavy building materials to the construction industry. Web site. (Dallas Business Journal, TX)
FSA Struggles to Prosecute Insider Trading That Doesn't Take Place in U.K Jun 12, 2007
Hanson Plc climbed 4. 8 percent just an hour ahead of HeidelbergCement AG's takeover announcement. (Bloomberg -- UK)
Concrete firm heads west Jun 12, 2007
Hanson Pipe & Precast is a division of Hanson PLC, which is based in London. "Hanson is in a large acquisition mode, and we are (building) plants like this one across the United States," Clayton said. (AZCentral -- Business)
Hanson Pipe & Precast opens Longview facility Jun 5, 2007
Hanson Pipe & Precast is a division of London-based Hanson PLC (NYSE: HAN), which employs about 26,000 people, primarily in North America, the United Kingdom and Australia. Web site. (Dallas Business Journal, TX)
German Stocks Beat Europe, Emerging Markets, Emulating '60s Earnings Gains Jun 4, 2007
HeidelbergCement AG, Germany's largest cement maker, last month agreed to buy London-based Hanson Plc for 7. 85 billion pounds ($15. (Bloomberg -- Germany)
European Stocks Rise, Led by Rio Tinto on Takeover Speculation; BHP Gains May 23, 2007
HeidelbergCement AG (HEI GY): Germany's largest cement maker plans to raise about 500 million euros in a share sale to help fund its bid for Hanson Plc. The 4. (Bloomberg -- Germany)
European Stocks Climb the Most in Four Weeks, Led by Cairn Energy, Cadbury May 19, 2007
Hanson Plc and Reuters Group Plc agreed to be bought this week, boosting the value of European deals in 2007 to $1. 2 trillion. (Bloomberg -- Europe)
Other North American indexes close mixed amid U.S. inflation, housing data ">Dow Jones closes at record May 16, 2007
European shares traded in a tight range at mid-session, with miners still under pressure and other equities showing some general caution ahead of the U.S. data, which offset deal-related gains scored by Reuters Group PLC and construction giant Hanson PLC.. Copper rebounded from a sharp fall Monday, lifted by lower stockpiles and stronger-than-expected import data from China, suggesting robust demand may continue. (Globe and Mail)
Global M&A Increases 60 Percent to $2 Trillion, Led by Europe Deals, LBOs May 16, 2007
5 billion) takeover of Hanson Plc and Thomson Corp.'s 8. 7 billion pound purchase of Reuters Group Plc lifted Europe's total to $1. (Bloomberg)
Hanson yes to $19b bid May 16, 2007
LONDON: British construction materials company Hanson plc said yesterday it had agreed to an 8 billion ($19 billion) takeover offer from Germany's biggest cement maker, HeidelbergCement AG.. Hanson agreed to a recommended offer at 1100p per share in cash, the two companies said in a statement. (Sydney Morning Herald -- Business)
HeidelbergCement agrees to buy Hanson May 16, 2007
FRANKFURT/LONDON (Reuters) - German cement maker HeidelbergCement AG (HEIG.DE: , , has agreed to buy Britain's Hanson Plc (HNS.L: , , for 8 billion pounds ($15. 8 billion) to create the world's second-largest company in construction materials. (Reuters)
Amid industry consolidation, HeidelbergCement to buy Hanson for $16 billion May 16, 2007
FRANKFURT, Germany HeidelbergCement AG said Tuesday it would buy British building materials company Hanson PLC for 8 billion pounds ($15. 8 billion), a deal that will create the second-biggest cement and materials business in the world. (San Diego Union-Tribune -- Business)
HeidelbergCement Net Quadruples on China, Europe; No Update on Hanson Bid May 9, 2007
May 9 (Bloomberg) -- HeidelbergCement AG, Germany's biggest cement maker that may bid for rival Hanson Plc, said first-quarter profit almost quadrupled as a booming economy spurred Chinese sales and a mild winter helped more European construction get under way. Net income rose to 109 million euros ($147. (Bloomberg -- Germany)
Hanson advises shareholders not to take any action on HeidelbergCement's bid May 9, 2007
LONDON (Thomson Financial) - UK building materials company Hanson PLC has advised its shareholders not to take any action regarding their shareholding without consulting their independent financial or legal adviser. The company gave this advice to its shareholders in response to HeidelbergCement AG's announcement on May 3 that it was 'currently reviewing its options with respect to its interest in Hanson, including the possibility of seeking to acquire the company. (Forbes -- Business)
European Stocks Gain on Mergers and Higher Earnings; Reuters, BSkyB Climb May 6, 2007
Hanson Plc, the world's largest supplier of crushed rock, soared 25 percent. HeidelbergCement AG, Germany' biggest cement maker, said on May 3 it may bid for Hanson. (Bloomberg -- Europe)
European Stocks Including EMI, BHP, Hanson Advance; Shares of BP Decline May 4, 2007
Hanson Plc climbed after Goldman, Sachs & Co. raised its recommendation on shares of the world's largest supplier of crushed rock. BHP Billiton Ltd. paced gains by mining companies after Merrill Lynch & Co. said the company could be stripped and sold. (Bloomberg -- Germany)
Hanson Shares Advance on Possible Takeover Approach From HeidelbergCement May 4, 2007
May 4 (Bloomberg) -- Shares of Hanson Plc, the world's largest supplier of crushed rock used in construction, rose as much as 6. 3 percent after HeidelbergCement AG said yesterday it may make a takeover offer for the company. (Bloomberg -- UK)
U.K. Stocks Advance, Paced by Hanson, EMI, BHP Billiton and Rio Tinto May 4, 2007
May 4 (Bloomberg) -- U.K. stocks climbed, paced by Hanson Plc, BHP Billiton Ltd., Rio Tinto Plc and EMI Group Plc. The benchmark FTSE 100 Index rallied 11. (Bloomberg -- UK)
FTSE 100 Stocks Gain, Paced by Hanson, Amvescap; Vedanta, BHP Advance Apr 26, 2007
April 26 (Bloomberg) -- U.K. stocks advanced, led by Hanson Plc and Amvescap Plc. Vedanta Resources Plc paced mining shares higher. (Bloomberg -- UK)
Hanson Brick buys Athens Brick for $40M Apr 22, 2007
Hanson Brick is part of Hanson plc, a British building materials company. Extra. (Charlotte Business Journal, NC)
FTSE slips after Dow trims gain, M&A talk lingers Mar 17, 2007
Mr. Davis was appointed Chief Executive officer in 1996 Gareth led the successful demerger of the Company from Hanson PLC and its listings on the. . (Reuters)
Hanson Second-Half Profit Falls 8 Percent as Brick Sales Decline in U.S. Feb 22, 2007
Feb. 22 (Bloomberg) -- Hanson Plc, the world's largest supplier of crushed rock used in construction, posted an 8 percent decline in second-half profit as sales of bricks in the U.S. fell and a slowdown in U.K. road-building curbed demand for asphalt. Net income declined to 234. (Bloomberg -- UK)
Hanson pretax profit up 12 percent Feb 22, 2007
LONDON (Reuters) - Building materials firm Hanson Plc (HNS.L: , ) posted full-year pretax profit near the top end of market expectations with a 12-percent rise and expected to make further progress in 2007. "2006 has been a record year for Hanson. This was above our expectations at the time of our December trading statement, primarily due to a strong finish in our North American Aggregates division and additional property profits," Chief Executive Alan Murray said in a statement. (Reuters.uk)
Hanson FY pretax up 12 pct, beats market view; sees more progress in 2007 UP Feb 22, 2007
LONDON (AFX) - Hanson PLC (nyse: - - ) beat market expectations by posting a 12 pct rise in full-year pretax profit attributing the rise to a 'strong finish' in its North American aggregates division and additional property profits. The building materials giant's full-year profits rose to 480. (Forbes -- Business)
Materials firm to buy Florida Rock for $4.6B Feb 22, 2007
Based on the performance of both companies in 2006, Vulcan's earnings per share would have been 45 cents to 50 cents higher than what it reported last year because of the acquisition, said analyst Michael Betts at JP Morgan Chase & Co. The global financial services firm analyzes Vulcan and other U.S. aggregates-based companies including , Hanson PLC and Betts said the share prices of other companies in the industry will benefit from the announcement as consolidation continues. Pages: 1. (Jacksonville Business Journal, FL)
U.K. Stocks Including Barclays, BP, Shell Drop; Vodafone and Hanson Gain Feb 20, 2007
Vodafone Group Plc, the world's largest mobile phone company, and Hanson Plc rose. The benchmark FTSE 100 Index lost 6. (Bloomberg -- UK)
U.K. Benchmark Index Climbs, Paced by British Airways; Cairn Energy Gains Jan 8, 2007
Shares of Hanson Plc and Cairn Energy Plc rose. The benchmark FTSE 100 Index gained 7. (Bloomberg -- UK)
