HeidelbergCement has strengthened its financing for the acquisition of Italcementi. On August 31, 2015, the company completed the disposal of its lime business in Germany to the Belgian Lhoist Group. Both companies agreed not to disclose any details about the transaction.In addition, HeidelbergCement successfully syndicated the bridge financing for the acquisition of Italcementi. All core banks of HeidelbergCement participated in equal shares in the syndication of the credit line originally provided by Deutsche Bank and Morgan Stanley. At the same time, the financing volume could be reduced by €600 mn from €4.4 bn to €3.8 bn, because the initial risk of a mandatory offer to minority shareholders in Morocco could be excluded.