Swiss giant Holcim today said it is in “advanced discussion” with world’s largest cement producer Lafarge for a possible merger, which may lead to setting up of a mega cement company having presence across the world. “Holcim confirms that Lafarge and Holcim are in advanced discussions regarding a possible combination,” […]
Author: InvestAdvocate
Nigeria Economy Set to Leapfrog South Africa on Data Revamp
Nigeria may leapfrog South Africa as the continent’s biggest economy when the government statistics agency publishes revamped data this weekend. The National Bureau of Statistics is set to release gross domestic product figures based on 2010 production patterns in Africa’s most populous country, the first time Nigeria has overhauled the […]
Holcim Said to Be in Talks With Lafarge About Merger
Holcim Ltd. (HOLN) and Lafarge SA (LG), the world’s two largest cement makers, are exploring a merger to create a Swiss-French company with a market value of more than $50 billion, according to people familiar with the matter. The discussions are ongoing and may lead to a merger of equals, […]
