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The sale of a Derbyshire cement plant, network of 172 ready mix concrete plants, aggregate quarries and half of Midland Quarry Products Ltd to Indian steel giant has enabled the Tarmac/Lafarge joint venture to go ahead.
Tarmac owner Anglo American and Lafarge have agreed to sell a portfolio of UK construction materials operations to Indian steel giant Mittal for £285 million.
The deal with Mittal Investments, the private investment vehicle of the Lakshmi Mittal family, follows a Competition Commission review that called for asset sales to enable the...