April 1, 2015/Bloomberg Barclays Africa Group Ltd. decreased Chief Executive Officer Maria Ramos’s pay by 0.3 percent after South Africa’s third-largest lender conformed with U.K. regulatory requirements on compensation. Ramos, 55, was paid 28.57 million rand ($2.38 million) for 2014, the Johannesburg-based lender’s annual report published on Wednesday shows. Ramos […]
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Lafarge, Holcim Secure Merger Approval from Competition Commission of India
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 […]
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 […]
