Lafarge to buy out Baring stake in Indian unit

Lafarge to buy out Baring stake in Indian unit
16 June 2015


As part of the implementation in India of its planned merger with Holcim - and subject to its completion - Lafarge has signed an agreement to acquire the 14 per cent stake held by Baring in Lafarge India, for a consideration of EUR270m.
 
Following this transaction, subject to the approval of the regulatory authorities, Lafarge will hold 100 per cent of the shares of Lafarge India.

Published under Cement News