Italcementi continues divestment plans

Italcementi has announced that it raised €500million from the sale of non-core assets in the first quarter of this year and has said it plans to continue with this strategy through the rest of 2011. One of the major businesses sold off by the company so far this year was its wind farm assets in Turkey, which were estimated to be worth €367million.
March 28, 2012 Read time: 1 min

726 Italcementi has announced that it raised €500million from the sale of non-core assets in the first quarter of this year and has said it plans to continue with this strategy through the rest of 2011. One of the major businesses sold off by the company so far this year was its wind farm assets in Turkey, which were estimated to be worth €367million.

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