Lafarge to buy out Baring stake in Indian unit
As part of the implementation in India of its planned merger with Holcim - and subject to its completion - Lafarge has signed an agreement to acquire the 14 per cent stake held ...
Mergers And Acquisitions
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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 press...
HeidelbergCement announces new mid-term strategic priorities and financial targets
HeidelbergCement has announced new mid-term strategic priorities and financial targets for the five-year period until 2019 in advance of hosting its Capital Markets Day 2015 in ...
Camargo Correa reportedly looking to sell stake in InterCement
Camargo Correa is looking to sell a stake in cement maker InterCement for up to BRL3.6bn (US$1.2bn) to make new overseas investments, according to a report in Brazilian daily ne...
Holcim launches exchange offer for Lafarge shares
Holcim said Monday it has launched the public exchange offer for all the shares of Lafarge, marking the final stage of the merger of the two cement majors. Shareholders in Lafar...
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 as...
Future LH Executive Committee finalised
Lafarge and Holcim have completed the appointments for the future Executive Committee of LafargeHolcim following a recommendation by Eric Olsen, future CEO of the combined group...
Jaiprakash reportedly in talks to sell Bhilai unit to UltraTech
Jaypee Group company Jaiprakash Associates is in talks with UltraTech Cement to sell its 2.2Mta cement plant in Bhilai, Chhattisgarh state, Business Standard report suggests. Th...
Lafarge and Holcim reorganise group functions
Lafarge and Holcim are each preparing the reorganisation of group functions in the context of their proposed merger. Holcim’s proposed new organisation would result in a net red...
Jaiprakash gets shareholder go-ahead to sell to units to UltraTech
Jaiprakash Associates Ltd has received shareholder approval to sell two cement units in Madhya Pradesh to UltraTech Cement Ltd, the company said in a notice to the stock exchang...