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Holcim and Lafarge confident merger to occur this summer

Holcim and Lafarge are confident that their merger will happen this summer, says The New York Times. According to The New York Times, the agreement to merge was faltering in recent weeks because Holcim shareholders thought they were getting shortchanged… Keep Reading

CRH purchases Lafarge, Holcim cement assets for $7.3 billion

According to The Street, Irish cement maker CRH announced that it will be purchasing the cement assets of Lafarge and Holcim Ltd. for $7.3 billion. This purchase marks the company’s largest deal ever and clears the way for the sellers… Keep Reading

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

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