LH clearance received in US and Canada

LH clearance received in US and Canada
Published: 05 May 2015

Tagged Under: Holcim USA Canada Lafarge 

Lafarge and Holcim have received final approval for their proposed merger from the competition authorities in the USA and Canada.

All competition approvals necessary for closing the transaction have now been obtained ahead of the expected closing in July 2015.

Following the regulatory assessment in all key jurisdictions, Holcim and Lafarge can now present a final list of divestments to satisfy regulatory requirements.

These divestments remain subject to the completion of the merger, including a successful public exchange offering to Lafarge’s shareholders and approval by Holcim’s shareholders.