Holcim
Olsen set to become chief executive of Lafarge-Holcim
French-American Eric Olsen is set to become the chief executive of combined cement groups Holcim and Lafarge, reports fastFT. Olsen has worked at Lafarge since 1999 and has served as executive vice president of operations for the company since 2013.… Keep Reading
Lafarge shares fall with rejected merger deal
Shares in cement group Lafarge fell around 2 percent when two Holcim shareholders rejected the revised deal for the companies’ merger, says The Irish Times. Russian businessman Filaret Galchev and Harris Associates both rejected the new terms, reports The Irish… Keep Reading
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
