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Lafarge says buy-out offer for N.America unit ‘fair’Lafarge on Thursday said its $75-a-share cash offer to buy out minority shareholders in Lafarge North America Inc. was "fair". The world’s biggest cement maker this week launched a tender offe...News - 24 February 2006 |
Lafarge Malayan Cement’s year tax profit plummetsLafarge Malayan Cement Bhd’s annual pre-tax profit has plummeted 71.7 per cent due to sharply lower domestic selling prices in the first half of the year. Higher production costs as a result...News - 24 February 2006 |
Lafarge benefits from strong 2HLafarge said full year operating profit was Euro 2.357bn, up seven per cent on the year and up four per cent at constant prices. For the 2H period operating income was up 17 per cent. Net profit w...News - 23 February 2006 |
Lafarge launches $3bn cash buyoutLafarge has launched a tender for the 46.8 per cent stake it does not already own in Lafarge North America Inc. as part of a $3bn offer that expires on March 20, the world’s biggest cement maker s...News - 22 February 2006 |
European resistance may affect EU investments in IndiaIndia is crying foul on the politicisation of steel magnate LN Mittal’s bid for Arcelor. Industry bodies are arguing that it would set a wrong precedent and there might be repercussions with a sim...News - 17 February 2006 |
Siam Gypsum foresees slow growth in ’06Siam Gypsum Industry (Saraburi), the country’s leading gypsum-board manufacturer, projected that the domestic consumption of gypsum products would decline further this year, in line with the slowd...News - 16 February 2006 |
Lafarge North America hires Merrill to advise on buyoutLafarge North America Inc. on Tuesday said its board hired Merrill Lynch & Co. to help review the proposed tender offer from France’s Lafarge SA. On February 6, Lafarge S.A. said it planned to bu...News - 15 February 2006 |
Ashaka Cement looks firmAlthough unaudited results for its third quarter ended September 30, 2005 is several months behind schedule, just as the full year’s, shares of Ashaka Cement, Nigeria has remained the highest-pric...News - 15 February 2006 |
Shuangma’s equity transfer to Lafarge approvedShenzhen-listed Sichuan Shuangma Cement Co announced on February 14 that the provincial government of Sichuan has approved the agreement on transferring an 89.72 percent equity in the Sichuan Shua...News - 15 February 2006 |
Cement sector to consolidate furtherA year has passed since Holcim in a strategic alliance with Gujarat Ambuja Cements began the process of acquiring 34.71 per cent of ACC with capacity of 16.8Mt, the single largest stand alone Indi...News - 14 February 2006 |