Aboitiz secures loan to part-fund cement venture
Aboitiz Equity Ventures, Inc. (AEV) has signed an agreement for a US$400m (PHP18.7bn) loan that will partly finance its venture into the cement sector in the Philippines. I...
Crh
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CMA welcomes recent sale of UK plants
The UK’s Competition and Markets Authority (CMA) has welcomed the sale of plants by Lafarge Tarmac and Hanson. In the Competition Commission’s (CC) market investigation report...
CRH completes Lafarge-Holcim transaction
CRH announced that the transaction to acquire certain assets from Lafarge SA and Holcim Ltd for a total enterprise value of EUR6.5bn is now complete, with the exception of the ...
Aboitiz Equity to invest in Philippine venture
Aboitiz Equity Ventures Inc said it will invest PHP24bn (US$531m) in the cement business after formalising a deal with Irish cement maker CRH Plc to buy the Philippine assets o...
Holcim France to be renamed Orsima under CRH
As of 1 August 2015, the former French subsidiary of Holcim, now owned by CRH, will be renamed Orsima. With the acquisition of Holcim France, resulting from the merger betwee...
CRH facing €32m Swiss fine
CRH is facing a €32m a fine from the Swiss Competition Commission (Comco) following an investigation into the bathroom fixtures and fittings industry. In a statement released ...
CRH reportedly to take part in preliminary bidding for South Korean producer
CRH announced it will take part in the preliminary bidding for Tongyang Cement scheduled on the 12 June after selecting Goldman Sachs as an underwriter, according to local pres...
Holcim and Lafarge seal binding deal with CRH
Lafarge and Holcim have now entered a binding agreement with CRH regarding the sale of several assets with an enterprise value of EUR6.5bn. As announced in February 2015, the ...
CRH confirms watchdog search at Platin works
CRH has confirmed its Platin works in Ireland, owned by its subsidiary Irish Cement, has been searched by the Competition and Consumer Protection Commission. “Irish Cement ful...
Aboitiz plans to buy Lafarge Philippines assets
Philippine conglomerate Aboitiz Equity Ventures Inc said on Friday it had signed an agreement for a possible acquisition of Lafarge's local cement operations in partnership wit...