Russia: LSR completes cement divestment
LSR Group has completed sale of its cement plant located in Slantsy, Leningrad region, to Russian market leader, Eurocement. Following closure of the deal, Eurocement has now ac...
Mergers And Acquisitions
613 posts · Page 33 of 62
Lafarge to buy back Baring stake in Indian unit
Lafarge India is reportedly buying back the 14.03 per cent stake it sold to global private equity investor Baring Private Equity Asia in 2013. Through its wholly-owned subsidiar...
CCI decision on Lafarge and Holcim merger due ‘within a month’
The Competition Commission of India (CCI) will soon decide on the proposed merger between Lafarge and Holcim, the Economic Times (India) cited CCI chairman, Ashok Chawla, as say...
Egypt: Supreme Administrative Court suspends privatisation appeal
The Supreme Administrative Court has decided to halt proceedings looking into the appeal against the privatisation of Egypt-based Beni Suef Cement Company.
Holcim remains committed to Lafarge merger despite SNB move
Holcim said it remained committed to a planned merger with Lafarge despite a move by the Swiss National Bank (SNB) that knocked almost CHF3bn (US$3.45bn) off the Swiss company's...
Blackstone, CVC reportedly among bidders for Lafarge and Holcim assets
Groups led by Blackstone Group LP and CVC Capital Partners Ltd have submitted bids for assets put up for sale by Lafarge and Holcim, according to reports by Bloomberg citing peo...
UltraTech to not bid for Lafarge/Holcim assets
UltraTech has pulled out of the race to buy cement assets up for sale as Lafarge and Holcim’s proposed merger, the Indian cement major confirmed to local press. An UltraTech spo...
Sançim Cimento acquired by Askale Çimento.
Turkish cement producer Sançim Cimento (Sançim) has been acquired by Askale Çimento, according to local news reports. The acquisition follows the recently aborted acquisition of...
Belarusian government to acquire additional shares
The Belarusian government will acquire additional stakes in three cement companies in exchange for helping them to repay loans to China’s EximBank.
Holcim and Cemex close their series of transactions in Europe
Holcim and Cemex today announce the successful closure of their series of transactions in Europe. Holcim acquired Cemex’s operations in western Germany and The Netherlands while...