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Hanson sold to Heidelberg for £8bn

Heidelberg Cement yesterday said it would buy Hanson, the British building materials company in a deal that will create the second-biggest construction materials business in the world.

Heidelberg Cement said yesterday it would buy Hanson, the British building materials company, for £8bn, in a deal that will create the second-biggest construction materials business in the world.

The German group agreed to pay £11 a share for Hanson.