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HeidelbergCement, Schwenk appeal EU block of Cemex deal

By Andrew Boyce and Dafydd Nelson ( June 23, 2017, 13:11 GMT | Insight) -- HeidelbergCement and Schwenk Zement have gone to court to challenge the European Commission's decision to block their plan to buy Cemex Croatia, MLex has learned. The EU watchdog prohibited the joint takeover in April, voicing concerns that it would have "significantly reduced competition in grey cement markets and increased prices in Croatia."HeidelbergCement and Schwenk Zement have gone to court to challenge the European Commission's decision to block their plan to buy Cemex Croatia, MLex has learned....

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