Fitch Ratings considers Lafarge upgrade

Fitch Ratings considers Lafarge upgrade
10 April 2014

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.)

Published under Cement News

Tagged Under: Lafarge Fitch Ratings