UK: The enhancement of Hanson. (8 of 8)

UK: The enhancement of Hanson. (8 of 8) - 1986: Buys Kaiser Cement in US in agreed $200 million bid. Sells US

Last Updated: 31 Aug 2010

1986: Buys Kaiser Cement in US in agreed $200 million bid. Sells US

Glidden paint interests (to ICI) and Durkee Famous Foods, both

from SCM. Sells Courage brewing from Imperial for £1.4 billion.

Sells Hammary Furniture and Cleaning from US Industries. Sells

Golden Wonder, Ross Produce and Flavourite from Imperial.

1987: Court rules against Hanson gain from Courage pension fund. Sells

two divisions of Kaiser Cement. Sells Finlays newsagents from

Imperial. Wins agreed $1.7 billion bid for US consumer goods

company Kidde. Name change to Hanson plc.

1988: Drops bid for George Armitage clay products when referral made

to MMC. Sells Ross Young's foods from Imperial. Sells Latin

American paint arms from SCM. Forms Hanson Radio. Sells Kaiser

Cement's Indonesian arm. Sells Kidde's Globe Security of US,

Fenwal Controls of Japan and Kidde Automated Systems. Sells HP

Foods and Lea and Perrins from Imperial. Sells US Durkee

Industrial Foods, Allied/Egry, Walton Printing and General

Paint of Mexico from SCM. Sells Lucerne Valley plant and Kidde

Credit and Kidde Consultants of US.

1989: Wins £3.5 billion bid for Consolidated Gold Fields after Minorco

bid blocked. Sells Hygrade Foods, which it has owned since 1976,

and SCM's Allied paper. Sells Allders department stores and

duty-free shops from UDS to an MBO. Floats 53% of SCM's Smith

Corona typewriters in US. Sells Imperial's Ground Round

restaurants in US for shares in International Proteins

Corporation. Sells Gold Fields of South Africa stake. Sells ARC

Construction and ARC America from Consolidated Gold Fields.

1990: Buys US coal miner Peabody for $1.2 billion, picking up a large

stake from its 49%-owned Newmont Mining. Shows interest in

buying PowerGen but Government favours public float. Sells Mount

Goldsworthy in Australia from Consolidated Gold Fields. Swap

deal with Sir James Goldsmith: Hanson sells $1.3 billion Newmont

stake for Cavenham Forest Industries. Sells SCM's Baltimore

Spice and Kidde's Tucker Houseware. Sir Gordon White awarded

life peerage by Margaret Thatcher in Resignation Honours List.

1991: Buys 2.8% stake in ICI. Sells stake in Shanks and McEwan waste

management, which was picked up in London Brick asset sales.

Market capitalisation £10 billion.

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