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CRH boss Ireland’s best-paid CEO

Albert Manifold, chief executive of CRH, is Ireland's best-paid CEO, earning EUR5.53m a year (US$6.25m) according to a survey by the Sunday Independent. Mr Manifold earns over EUR1m more than t...
News - 18 April 2016

Republic Cement to be delisted from Philippine stock exchange

The Philippine Stock Exchange has approved the delisting of cement-maker Republic Cement & Building Materials Inc., formerly Lafarge Republic Inc. (LRI), effective April 25 this year. Republic C...
News - 18 April 2016

Ten bidders chase LafargeHolcim Indian assets

The sale of LafargeHolcim's Indian operations has attracted considerable interest, with the company having received bids from 10 groups interested in buying the assets. According to India's Eco...
News - 14 April 2016

CRH outlook improves with construction activity

Strong American and European construction activity has prompted JP Morgan Cazenove to hike its rating on cement maker CRH. The investment bank upgraded the London-listed group's rating from 'neutr...
News - 07 April 2016

Ireland: dawn raid on CRH breached CCPC's warrant

 A  "dawn raid" last year at CRH's Irish Cement plant in Drogheda, by state investigators investigating alleged breaches of competition law, breached the terms of the warrant by seizing the cont...
News - 06 April 2016

Deadline nears for LafargeHolcim India assets bids

Advisors to the sale of LafargeHolcim's 11Mta Indian cement production capacity say that they expect to receive seven to eight bids before next week's deadline. The sale - which was a required ...
News - 05 April 2016

CRH

CRH's turnover rose by 25 per cent in 2015 to EUR23,635m while EBITDA advanced by 35.2 per cent to EUR22,198m. The trading profit increased by 39.3 per cent to EUR1277m. The net interest charge ro...
Corporate - 04 April 2016

CRH and HeidelbergCement named in West Bank lawsuit

CRH and HeidelbergCement are among a number of defendants named in a US$34.5bn lawsuit brought on behalf of Palestinians by US lawyers in Washington DC. The case, which was lodged earlier in Ma...
News - 31 March 2016

Lafarge India initiates sale of cement units

French cement-maker Lafarge's India arm has initiated the process of sale of its India business with the appointment of two investment bankers. The business comprising cements plants with a produc...
News - 22 March 2016

LafargeHolcim brands CRH purchase write-down claims "without merit"

CRH is disputing the value of the assets it purchased in February last year as part of the requirement from competition regulators to allow the creation of LafargeHolcim. The EUR6.5bn price pai...
News - 21 March 2016