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LAFARG HOLCIM
Will we K-Pop (desi remix)? How India can turn Tata, Adani, Reliance into global titansForeign companies are exiting India for various reasons, from business failures to global strategy shifts. India aims to build national cha...- LafargeHolcim lays ground for merger of ACC and Ambuja, gets closer to rival UltraTechThe combined capacity of ACC and Ambuja, at 63.06 million tonnes annually, will help LafargeHolcim inch closer to rival UltraTech Cement, t...
- Government allows Ambuja Cement to acquire 24% stake in holding firmThe CCEA also allowed the "subsequent reverse merger through a share swap. This would entail outflow of Rs 3,500 crore."
- Lafarge to sell India assets to Nirma for $1.4 billionThe deal, the proceeds of which will be used to pay down LafargeHolcim's debt, is subject to approval by the Competition Commission of Indi...
- Dalmia Bharat, Shree Cements in race for LafargeHolcim's Sri Lankan operationsPost the $45-bn merger between Lafarge & Holcim, the combined entity had announced its target of achieving free cash flow of 3.5-4 bn Swiss...
- JSW Cement, Blackstone submit bids for LafargeHolcim's cement assets worth Rs 10,000 croreBlackstone and Sajjan Jindal-Led JSW Cement are among the bidders for LafargeHolcim's Indian cement assets worth Rs 10,000 crore.
- LafargeHolcim gets CCI go-ahead for India divestment planThe proposed divestment is key to get the approval of the CCI for the multi-billion dollar merger between Lafarge and Holcim announced last...
- LafargeHolcim mulling divestment of cement factoriesThe divestment, it said, would require the approval of the Competition Commission of India (CCI) as an alternate remedy for the merger of t...
- LafargeHolcim hires new CFO Ron Wirahadiraksa away from PhilipsWirahadiraksa has been Philips' CFO since 2010, having taken the role from a previous posting as a cost cutter within the company's Asian h...
- Swiss cement giant Holcim CEO Bernard Fontana steps downSwiss cement giant Holcim announced that its Chief Executive Officer Bernard Fontana will step down from his position.
- Lafarge-Holcim merger gets CCI approval; will have to divest two cement plantsThe pre-combination market share of Holcim in the relevant market for the eastern region is around 25% and that of Lafarge is around 16%.
- Holcim-Lafarge talks gather steam to salvage mergerA preliminary agreement on adjusted financial terms and leadership changes could be reached as early as today, according to the people.
- Holcim-Lafarge merger in balance as Swiss group wants deal changedThe deal "can no longer be pursued in its present form", said Holcim in a statement of the merger based on the offer of one Holcim share fo...
- Holcim-Lafarge plan mega merger of Ambuja, ACC and Lafarge IndiaHolcim-Lafarge has embarked on a mega restructuring plan in India and is looking at a plan to merge ACC, Ambuja and Lafarge India.
- Merger with Lafarge in India on track: HolcimFrench cement maker Lafarge has four manufacturing plants at Chhattisgarh, West Bengal, Rajasthan and Jharkhand in India.
- Lafarge, Holcim notify proposed merger with European CommissionHolcim has majority stake in two leading major Indian cement firms - ACC LTd and Ambuja Cements. Lafarge has eight million tonnes capacity ...
- Holcim, Lafarge begin divestment to adhere to Competition Commission of India standardsHolcim and Lafarge begun an internal process to identify the assets to be divested to adhere to Competition Commission of India's requireme...
- LafargeHolcim unlikely to dispose cement assets in IndiaLafarge and Holcim had announced the plan for a "merger of equals" to create the world's largest building materials making firm LafargeHolc...
- Lafarge-Holcim may emerge as largest producer post merger; CCI needs to be cautious against abuse of market dominanceRather, the Competition Commission of India (CCI) needs to track developments in the marketplace to guard against abuse of market dominance...
- 'LafargeHolcim to be largest cement, concrete firm'Holcim and Lafarge, with combined sales of 32 billion euro, said the merger plan was unanimously approved by their Boards and fully support...
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