Eric Olsen appointed as future CEO of LafargeHolcim
Lafarge and Holcim have approved the appointment of Eric Olsen as the future chief executive officer of LafargeHolcim, to be in office as from the closing of the merger project...
Lafarge
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FCB TSV™ Classifier for Lafarge Ain Sokhna plant
Fives will supply a new high-efficiency separator for the Lafarge Cement Egypt petcoke grinding unit in the frame of its conversion from open to close circuit by Imsat (Romania...
LH merger: Galchev demands improved terms
Russian billionaire, Filaret Galchev, who holds 10.8 per cent of Holcim through Eurocement holding, is demanding a renegotiation of the deal by Holcim and Lafarge to create the...
HeidelbergCement turned down merger with Holcim
HeidelbergCement turned down a merger with Holcim, following discussions in late 2013 between Holcim chairman Rolf Soiron and HeidelbergCement’s biggest shareholder, Ludwig Mer...
Holcim
Holcim has sold its remaining 27.5 per cent stake in Siam City Cement for CHF655m (EUR624m) in a share placement that will yield a CHF465m (EUR348m) profit. A 24.9 per cent sta...
Lafarge and Holcim receive clearance from CCI on proposed merger
Holcim and Lafarge yesterday announced they have received clearance from the Competition Commission of India (CCI) on their proposed merger. A package of asset divestments has...
Ashaka Cement pretax profit rises 84.5%
Nigeria's Ashaka Cement 2014 pretax profit rose 84.5 per cent to NGN5.25bn (US$26m) from year ago, the company said on Tuesday. Revenue declined by 2.58 per cent during the pe...
Holcim's No. 2 shareholder reportedly plans to vote against Lafarge merger
Eurocement Holding AG, the second-largest shareholder in Holcim Ltd, plans to vote against the Swiss company's merger with Lafarge SA unless the financial terms of the deal are...
Lafarge and Holcim agree on revised terms
Lafarge and Holcim are back on track with their proposed merger having reached an agreement on revised terms for the deal. Holcim demanded new terms earlier this week, stati...
Fitch expects negative impact on Lafarge credit profile if Holcim merger fails
A failure of the proposed merger between Lafarge and Swiss Holcim would have negative effect on the credit profile of the French company, Fitch said. According to the rating ...