FLSmidth signs agreement to divest its Cement business to become a pure-play supplier of technology and services to the mining industry
FLSmidth announces that it has entered into an agreement to divest its Cement business to an affiliate of Pacific Avenue Capital Partners, a global private equity firm focused on carve-outs and other complex transactions, for a total initial consideration of EUR 75 million, corresponding to approximately DKK 550 million (EnterpriseContinue Reading