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CRH to purchase Lafarge, Holcim assets for $7.4 billion

Irish cement maker CRH has agreed to pay $7.4 billion for the Lafarge and Holcim assets, says an article on Reuters. This purchase will make CRH the world’s third-largest building materials supplier and the largest building supplier in central and… Keep Reading

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

Lafarge, Holcim select managers for executive board

Lafarge and Holcim each plan to contribute five managers to an executive board after the two companies complete their merger. Lafarge and Holcim say that Bruno Lafont, Lafarge CEO, and Thomas Aebischer, Holcim finance chief, will lead the executive board.… Keep Reading

Lafarge, Holcim form executive committee for future company

Lafarge and Holcim took a step to complete the merger of their companies, naming members of its future executive committee. According to Lafarge, Bruno Lafont, who will serve as CEO of the combined company, will head a project team of… Keep Reading

Lafarge and Holcim set to receive merger approval

Lafarge and Holcim are set to receive the European Union’s approval for their merger deal to create the world’s largest cement maker, says an article on Reuters. According to the article, the two companies have already offered to sell business… 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

Lafarge, Holcim moving closer to massive merger

Lafarge and Holcim took additional steps toward their planned merger, LafargeHolcim. A divestment committee the companies set up drew up a list of proposed asset disposals in anticipation of potential competition authorities' requirements. The two companies propose to divest a… Keep Reading

Report: Lafarge merger may result in sale of aggregates assets

The merger agreement between Lafarge and Holcim Ltd. may result in even more buying and selling, Bloomberg reports. That’s because the two companies may be forced to dump some of their assets if they want to comply with the government’s… Keep Reading

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