bids
CRH and Blackstone compete for Holcim, Lafarge assets
Sources say Irish cement maker CRH and a consortium led by Blackstone are battling for assets which Lafarge and Holcim must sell before their planned merger, says an article on Reuters. According to the article, a source says CRH was… Keep Reading
Groups team up to bid for Lafarge-Holcim assets, sources say
Companies are teaming up to bid for all the assets that Lafarge and Holcim must sell in order to carry out their planned merger, says an article on Reuters. According to sources, Irish cement maker CRH has teamed up with… Keep Reading
Firms consider bids for Lafarge-Holcim portfolio, sources say
A number of firms are considering a bid for the assets that Lafarge and Holcim must sell in order to remain ahead of competition, say two sources aware of the situation in an article on Reuters. In addition to this,… Keep Reading
Penny for their thoughts
An Indiana newspaper reports that Rogers Group has temporarily withdrawn its bid to operate a quarry near Lafayette, as the company attempts to address the community’s concerns. The story here is an all-too-common one: Rogers Group faces reluctance on the… Keep Reading
Vulcan Materials’ lawyer says Martin Marietta bid not valid
The Martin Marietta Materials bid for Vulcan Materials Co. shouldn’t be permitted, because it violated contractual confidentiality obligations, a Vulcan Materials lawyer told a judge, according to a report by Bloomberg News. The agency says that in final arguments heard… Keep Reading
Martin Marietta, Vulcan court decision coming soon
The Wall Street Journal (WSJ) reports that we should know by as early as next week whether Martin Marietta Materials' $5.5 billion bid for Vulcan Materials could be stopped owing to previous confidentiality agreements between the two companies. Final arguments in Delaware… Keep Reading
Competitive fires
Martin Marietta Materials' takeover bid for Vulcan Materials has strengthened the competitive fire between the nation's two largest aggregate producers. And understandably so. The companies have been going at each other pretty good lately, since Martin Marietta announced its intentions on Dec.… Keep Reading
