Singapore: Malaysia-based YTL Corporation has concluded a conditional sale and purchase agreement for an 81% stake in NSL for US$169m. YTL Cement will launch a mandatory unconditional cash offer for all outstanding shares in NSL after completing the acquisition. NSL manufactures precast concrete components and operates an environmental services division.
YTL Corporation to acquire majority stake in NSL
acquisition
aggregates
alternative raw materials
blocks
Canada
cementfree concrete
Cemex
circular economy
CO2
construction
construction and demolition materials
Germany
government
growth
Holcim
India
infrastructure
investment
launch
market
plant
precast
product
readymix concrete
recycling
research and development
supplementary cementitious materials
sustainability
UK
US