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 cemen...
Holcim
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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 agen...
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 ‘m...
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 th...
Holcim Spain issues new ERE
Holcim Spain has presented a new record of employment regulation (ERE) that will affect 141 staff. While Holcim is reported by construction organisation Fecoma to have plans...
A TEC & Ferro Duo to offer Holcim complete solution for bypass dust treatment
A TEC, in collaboration with raw materials company Ferro Duo GmbH and Holcim's Rohožník plant in Slovakia, are now able to provide a complete solution for the recovery of bypas...
Ambuja gets nod for merger with Holcim India
The High Courts of New Delhi and Gujarat have given Ambuja Cements the green light to merge with Holcim India – paving the way for the ACC-Ambuja restructuring process announce...
Holcim suspends Joliette investment
Holcim said it would suspend its CAD250m (US$225m) investment to expand capacity at its Joliette works in Canada given the potential economic uncertainty caused by the new Port...
Fitch Affirms Holcim rating, outlook stable
Fitch Ratings has affirmed the Long-term Issuer Default Ratings (IDR) of Swiss cement major of Holcim as at BBB. The outlook is stable. The ratings agency said the affirmatio...
Jaypee reportedly in talks to sell Panipat grinding unit
Holcim, via its ACC arm, is in preliminary acquire the Jaypee Group’s grinding unit in Panipat, Haryana state, two sources familiar with the situation told the Economic Times o...