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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

Transportation bill passed in nick of time

With the transportation bill just hours away from expiring, Congress passed a $105 billion bill Friday that keeps transportation funding at current levels for another two years. Because the bill passed the House, 373-52, and the Senate approved it, 74-19,… Keep Reading

Martin Marietta loses appeal of Vulcan bid ruling

Reuters reports that Martin Marietta Materials Inc. lost its appeal to overturn a court order that halted its $4.5 billion hostile bid and proxy contest for rival Vulcan Materials Co. Delaware's Supreme Court today affirmed a ruling by the state's… Keep Reading

Martin Marietta’s appeal delayed

Martin Marietta Materials Inc.'s appeal of a lower court ruling that halted its $5 billion offer for Vulcan Materials Co. has been postponed until May 31, according to Reuters. Originally, the appeal was scheduled for May 25, and the new… Keep Reading

Court to hear Martin Marietta appeal May 25

Reuters reports that Martin Marietta Materials Inc. has won an expedited appeal of the May 4 ruling that barred it from pursuing its offer for Vulcan Materials for four months. The Delaware Supreme Court, says Reuters, has agreed to hear… Keep Reading

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