The Wall Street Journal
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/Holcim back on track, but a long process
The Wall Street Journal (WSJ) reports that the Lafarge/Holcim merger, an estimated $44 billion deal, is back on track after the appointment of a new chief executive for the combined group. Eric Olsen, who currently serves as Lafarge’s executive vice… Keep Reading
Weissburg new Volvo president
The Wall Street Journal reports that Martin Weissburg has been appointed new president of Volvo Construction Equipment. He is currently president of the Volvo Group’s customer finance company, Volvo Financial Services. Pat Olney, departing president, will remain in his current… Keep Reading
The Wall Street Journal details Sany’s growth plans in US
The Wall Street Journal published an extensive article detailing Sany America’s plans to become a construction equipment leader in North America. Reporters James R. Hagerty and Colum Murphy wrote that Sany’s goal to be a bigger player globally in construction… Keep Reading
Vulcan Materials’ lawyer says Martin Marietta bid not valid
The Martin Marietta Materials bid for Vulcan Materials Co. shouldn’t be permitted, because it violated contractual confidentiality obligations, a Vulcan Materials lawyer told a judge, according to a report by Bloomberg News. The agency says that in final arguments heard… Keep Reading
Martin Marietta, Vulcan court decision coming soon
The Wall Street Journal (WSJ) reports that we should know by as early as next week whether Martin Marietta Materials' $5.5 billion bid for Vulcan Materials could be stopped owing to previous confidentiality agreements between the two companies. Final arguments in Delaware… Keep Reading
