Fitch Ratings considers Lafarge upgrade

Fitch Ratings considers Lafarge upgrade
Published: 10 April 2014

Tagged Under: Lafarge Fitch Ratings 

Fitch Ratings announced yesterday it considers upgrading the credit rating of French concrete and cement group Lafarge after the company unveiled its merger with Swiss peer Holcim.

The ratings agency said it is motivated to give an upgrade as the agency takes into account the synergies potential between the two groups and the business prospects of the new entity. (Abstracted from an original article in Le Figaro.)