Heidelberg signals NYSE listing for Hanson Building Products spinoff

Sources: Heidelberg Cement AG, Germany; CP staff

Citing improved residential, commercial and infrastructure market prospects on both sides of the Atlantic, Heidelberg Cement officials have outlined an initial public offering of recently chartered Hanson Building Products Ltd., spanning North American and U.K. pipe, precast, brick and roof tile production assets inherited in the 2007 takeover of Hanson Plc.

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