Italcementi, Ciments Francais boards to meet Friday

Italcementi, Ciments Francais boards to meet Friday
Published: 17 June 2009

The boards of Italcementi and Ciments Francais will meet on Friday to discuss the merger of the two companies, an Italcementi spokesman said on Tuesday.

"The boards of Italcementi and Ciments Francais have been called for June 19 to examine all the aspects regarding the merger of the two companies," the spokesman said.

Italcementi, the world’s fifth-largest cement maker by production capacity, said in February it would buy out the 18 percent of Ciments Francais it does not already own.