Business News

Merger: Holcim Launches Reorganisation of Group Functions

May 20, 2015/Holcim Holcim announces that it is preparing the reorganisation of Group functions in the context of the proposed merger with Lafarge to create the most advanced company in the building materials industry. The objective is to create a lean organisation with empowered countries, regional management platforms, and Group […]

Holcim Names Kaspar E.A. Wenger Chairman Designate, Gerd Aufdenblatten Cluster CEO

By Peter OBIORA InvestAdvocate Lagos INVESTADVOCATE)- Holcim Ltd, one of the world’s leading suppliers of cement and aggregates said on Tuesday it has appointed Kaspar E.A. Wenger and Gerd Aufdenblatten as chairman designate and cluster CEO respectively. “Following more than 20 years at Holcim (previously Holderbank) including more than ten […]

Rio Tinto to sell aluminum assets in $1 billion deal: paper

Sun May 17, 2015/Reuters Global miner Rio Tinto (RIO.L) (RIO.AX) plans to sell some of its aluminum assets in a potential $1 billion deal, the Financial Times reported, reviving a sale plan for its Pacific Aluminium unit two years after it was canceled. The Financial Times, citing “people aware of […]