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Reuters breaks news of HeidelbergCement mulling Indo stake sale 05.15.2009 Shares of Indonesia’s second largest cement company, PT Indocement, soared nearly 12 percent the session after Reuters reported that parent company HeidelbergCement is considering selling its stake in the company to pay off debts. Sources tipped off Reuters that HeidelbergCement might even consider selling a majority stake in the company which could trigger a tender offer and benefit minority shareholders. Bloomberg and Dow Jones did not match the report. Reuters Firsts will need at least flash player 9 to give you the full experience. The latest Flash player can be downloaded here	firsts across any industry Commodities & Energy Energy, metals, agricultural and environmental markets FX & Money Markets Macroeconomics, monetary policy, FX and money markets Politics & Risk Politics and political risk Equity & Derivatives Companies, sectors, M&A and the financial industry Fixed Income Sovereign and corporate debt, credit, and ratings firsts by region Americas View stories from this region Europe / Middle East / Africa View stories from this region Asia View stories from this region Emerging Markets View stories from this region

Equity & Derivatives

Companies, sectors, M&A and the financial industry

Reuters breaks news of HeidelbergCement mulling Indo stake sale

05.15.2009

Shares of Indonesia’s second largest cement company, PT Indocement, soared nearly 12 percent the session after Reuters reported that parent company HeidelbergCement is considering selling its stake in the company to pay off debts. Sources tipped off Reuters that HeidelbergCement might even consider selling a majority stake in the company which could trigger a tender offer and benefit minority shareholders. Bloomberg and Dow Jones did not match the report.

Reuters Firsts will need at least flash player 9 to give you the full experience. The latest Flash player can be downloaded here