Business News

Merger: Holcim Offers 9 New Shares for 10 Lafarge’s

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)- Holcim Ltd, one of the world’s leading suppliers of cement and aggregates said on Wednesday its offering  nine (9) registered bearing current dividend rights, for every ten (10) Lafarge Shares, bearing current dividend rights, according to the cement maker on the filing of a […]

Visa in talks to buy former subsidiary Visa Europe for up to $20 billion: Bloomberg

Fri May 8, 2015/Reuters Visa Inc (V.N) is in preliminary talks to buy former subsidiary Visa Europe Ltd, in a deal that could be valued at up to $20 billion, Bloomberg reported, citing people with knowledge of the matter. The talks, which began when Visa approached Visa Europe, are at […]

Holcim shareholders back cap hike, paving way Lafarge merger

Fri May 8, 2015/Reuters Holcim (HOLN.VX) investors backed a capital increase in a vote on Friday, paving the way for the Swiss cement maker’s planned $40 billion merger with France’s Lafarge (LAFP.PA). More than 93 percent of those present at the extraordinary general meeting voted to approve a capital increase […]