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RMC in talks to sell UK waste control unit.
(From FT Investor (Pulses))
RMC , the heavily-indebted ready-mix concrete and cement group, said on Tuesday it was in talks with a number of parties over the sale of its UK waste management business. The group broke news of the talks in a short announcement and did not disclose details of the parties involved in the discussions. A disposal would be part of RMC's strategy to focus on its core concrete, cement and aggregate operations, and reduce its debt mountain, which stood at GBP1.36bn ($2.1bn) in June. The waste control operations are run by Hales Waste Control, a subsidiary, and serve the retail, commercial, manufacturing and construction sectors in the ...
- RMC Group p.l.c.
- Reference information from: International Directory of Company Histories January 1, 2000 700+ words
...562212 Solid Waste Landfill RMC Group p.l.c. is among the...base of the United Kingdom, RMC is a leader in waste management...through a subsidiary called Hales Waste Control Limited, and owns the nationwide...superstores. About 25 percent of RMC ’ s revenues are generated...
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LONDON -- RMC and CEMEX announce that RMC has today posted to Shareholders the Scheme Document relating to the recommended acquisition by CEMEX UK of RMC. The Acquisition is being implemented by way of a scheme of arrangement...
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