ACC and Ambuja post diverging results, India
Holcim’s two Indian interests have posted contrasting results for the first quarter of 2014, with ACC’s profit down nine per cent while Ambuja Cement’s net climbs 6.6 per cent.
Holcim
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EC to investigate Cemex and Holcim Spanish deal
The European Commission said on Wednesday it is investigating plans by Cemex and Holcim over a Spanish deal because of competition issues.
LafargeHolcim will create Indian market leader
The merger of Lafarge and Holcim will create the largest producer in India, overtaking the current leader, UltraTech Cement, according to a report in The Economic Times of India...
CEO Dr Scheifele: LH merger no threat to HeidelbergCement
The announced mega-merger of Lafarge and Holcim is expected to change the competitive landscape in the cement industry as a new global building materials giant, LafargeHolcim, i...
Fitch affirms Holcim long-term rating
Following the announcement by Holcim to merge with Lafarge SA, Fitch Ratings has affirmed the Swiss major's Long-term Issuer Default Ratings (IDR) at 'BBB'. The Outlook is Stabl...
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 m...
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 ...
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 agenc...
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 ‘mer...
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:...