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

By Reuters News

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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