By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Top two (2) world Cement producers, Lafarge and Holcim said on Wednesday they have received clearance from the Competition Commission of India (CCI) for their proposed merger. “A package of asset divestments has been agreed with the CCI which includes 1 cement plant and 1 […]
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Holcim Divest 27.5% Minority Stake in Siam City Cement Company
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE) – Holcim Ltd, one of the world’s leading suppliers of cement and aggregates said on Monday it has divested 27.5 percent of its minority stake in Thailand’s cement producer, Siam City Cement Company Ltd (SCCC). Holcim said the 27.5 percent representing its entire stake […]
Russia’s Galchev rejects terms of Holcim/Lafarge merger: newspaper
Sun Mar 29, 2015/Reuters Russian businessman Filaret Galchev, who owns a 10.8 percent stake in Switzerland’s Holcim (HOLN.VX) via Eurocement Holding AG, has rejected the takeover offer that France’s Lafarge (LAFP.PA) has made for Holcim, a Swiss newspaper reported on Sunday. Galchev, Holcim’s second-largest shareholder, views the offer as “not […]
