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Holcim shareholders approve shares for merger

Shareholders of Swiss cement giant Holcim Ltd. approved the issuance of new shares to pay for Holcim’s $47 billion union with France’s Lafarge SA, reports The Wall Street Journal (WSJ). According to WSJ, roughly 94 percent of Holcim’s shareholders voted… 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

Summit Materials files IPO plans

According to a filing made with the U.S. Securities and Exchange Commission, Summit Materials plans to raise between $376 million and $432.4 million in an initial public offering, reports the Denver Post. "The private construction market is beginning to rebound,… 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

Global Construction Aggregates Market report notes 2013 highlights

The Global Construction Aggregates Market report valued the U.S. at $106.4 billion in 2013. According to the report, Asia-Pacific was the largest regional market, accounting for 44.9 percent of the global market, followed by Europe with a 26.3 percent share… Keep Reading

U.S. Silica to acquire Cadre Services for $98 million

Silica sand provider U.S. Silica has signed a stock purchase agreement to acquire all of the outstanding shares of regional sand mining company Cadre Services Inc., based in Texas, for $98 million. U.S. Silica is now set to acquire the… Keep Reading

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