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Anglo American completes the sale of Tarmac Building Products to Lafarge Tarmac

Anglo American plc announced the completion of its sale of Tarmac Building Products Limited (TBP) to Lafarge Tarmac Holdings Ltd (Lafarge Tarmac), following receipt of regulatory approval. Anglo ...
News - 11 April 2014

Argos acquires French Guiana assets

Colombia's largest cement maker, Argos, said on Wednesday it will pay EUR50m to acquire Ciments Guyanias, owned equally by Lafarge and Holcim, just two days after the European majors announced a m...
News - 10 April 2014

Fitch Ratings considers Lafarge upgrade

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 ag...
News - 10 April 2014

Oyak eyes Europe, Africa acquisitions

Turkey-based Oyak is looking into acquisitions in the cement sector, with a specific focus on Europe, Africa and Great Britain, its cement group chairman Celalettin Caglar said on Thursday. Speak...
News - 10 April 2014

Deutsche Bank upgrades Holcim to buy

Deutsche Bank upgrades Holcim to buy from hold and lifts its target price to CHF90 (EUR74) from CHF70  (EUR57) as the upside potential in the building sector should boost cement demand. This "w...
News - 09 April 2014

Moody's places Lafarge's ratings on review for upgrade, changes outlook on Holcim Baa2 rating

Moody's has put Lafarge's Ba1 rating on review for a possible upgrade following the announced merger proposal with Swiss peer Holcim. At the same time, the credit rating's agency has changed its v...
News - 08 April 2014

Lafarge and Holcim agree cement merger

Holcim and Lafarge have confirmed today their intention to combine the two companies through a merger of equals, to create a new number one global cement major. Billed as a ‘merger of equals’, La...
News - 07 April 2014

African Forum checks dynamics of cement prices

Zambia has recently recorded intermittent increases in the cost of cement, prompting government to call for additional private investment in the industry. The Competition and Consumer Protection...
News - 07 April 2014

Dangote’s South African entry

South Africa’s cement producers are looking forward to continued growth as the government develops the country’s infrastructure and expands its residential sector. Against this background, Dangote...
Articles - 07 April 2014

Holcim and Lafarge confirm talks on possible merger

Holcim and Lafarge have confirmed that they are in advanced discussions regarding a "possible combination." The world's two leading cement majors said in separate releases that: "given the stron...
News - 04 April 2014