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GBL mulls boosting Lafarge stake to 25 per centGBL, the Belgian investment group controlled by Albert Frere and Canada’s Desmarais family, has raised its stake is mulling boosting its stake in Lafarge from 18 to 25 per cent, according to local...News - 08 February 2008 |
Groupe Bruxelles Lambert increases stake in LafargeGroupe Bruxelles Lambert (GBL) has acquired an additional 0.35 million shares, representing a 0.2% stake, in Lafarge for EUR39m, according to Belgian daily L’Echo . GBL has increased its stake...News - 06 February 2008 |
Polish building materials prices to increasePolish building materials’ experts forecast prices will gain between 7 and 10 per cent this year. Still, there should not be any such shocks as the 200-per cent growth in brick prices within three...News - 06 February 2008 |
Lafarge Ciments to invest EUR20m in grinding facilityLafarge Ciments said it will invest EUR20m in its facility in Brest, northwestern France, according to local press reports. Located at the Brest Port, the cement grinding unit will be expande...News - 04 February 2008 |
Leveraged dealsIt looks like the fall in stock market valuations over the past couple of weeks may cause problems for some borrowers (but not all) in our sector in a number of debt financed deals. Higher margin ...International Cement Review Editor's Blog - 01 February 2008 |
China’s CNBM to raise over $600m in share saleChina National Building Material Co Ltd (CNBM), the country’s No. 2 cement maker, plans to issue up to 300 million shares and use more than US$623m of the sale proceeds to fund acquisitions and in...News - 31 January 2008 |
Portland changes name to Lafarge Cement MalawiLafarge Portland Cement Friday announced it has changed its name to Lafarge Cement Malawi migrating to the company’s global brand. Announcement the change at a press briefing in Blantyre Managing...News - 29 January 2008 |
Azerbaijan output reaches 1.778Mt in 2007Azerbaijan cement production reached 1.778Mt representing an increase of 10.6% compared with 2006. Garadagh Cement is the main local producer and has an annual capacity of 1-1.4Mt of cement, wh...News - 28 January 2008 |
OCI/Lafarge transaction completionLafarge and Orascom Construction Industries have today completed the acquisition of Orascom Cement by Lafarge, announced on December 10, 2007. Lafarge now owns 100% of Orascom Cement. The reserv...News - 24 January 2008 |
Poland cement trust investigation slowly moving forwardAnti-trust proceedings instigated by the Consumer and Competition Protection Office (UOKiK) against cement companies are taking longer than initially planned. According to unofficial sources, the ...News - 24 January 2008 |