RE:RE:Heidelberg not to buy Holcim or Lafarge assetsTrue about Europe (as Holcim's and CEMEX's release confirmed european weakness).
Holcim ad Lafarge are both global - so the assets that they sell will be all over the map - in every juristriction - where anti-trust demands them to slim down - Spain, certain US markets, France, and so forth...
Interestingly all the cement majors have reporting great strength in the US, a bit weaker in Canada (maybe lower oil prices is softening Canada).
Oldcastle and others (private equity will be in there) have expressed an interest in cleaved off assets from this potential merger. CEMEX are now joined by Heidelberg as opening expressing "no interest" in these assets - reality is they both need to strengthen their balance sheets.
in respect to HBK - Heidelberg will not buy a company without a market.
This is arguably the biggest and most important challenge for HBK - show a market exists. They have done the permiting and are setting up an operation - but without a valid market - it has little value.
All geniuses in hindsight - but if I were HBK I would have made some sales 1 year ago - in some manner. Its been an oversight, and it may well get corrected with vim.
Until they sign an order - there is no value in them talking up there prospects about the LNG industry.