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Proposed Acquisition By Vicat Group Of Cemex Group's Ready-Mix Concrete And Aggregates Businesses In France

By Reuters News06:05 (UTC), 1 October 2026 Updated

Oct 1 (Reuters) - Vicat SA VCTP.PA:

PROPOSED ACQUISITION BY VICAT GROUP OF CEMEX GROUP'S READY-MIX CONCRETE AND AGGREGATES BUSINESSES IN SOUTH-EASTERN FRANCE
COMPLETION OF TRANSACTION IS EXPECTED BEFORE DECEMBER 31, 2026
THE GROUP IS ADJUSTING ITS DEBT REDUCTION TARGET FOR THE PERIOD 2026–2027
SET ITSELF A NEW TARGET FOR FINANCIAL LEVERAGE OF BETWEEN 1.3X AND 1.5X FOR THE PERIOD 2026–2027

Source text: nGNE1RqtF9

Further company coverage: VCTP.PA

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