Firms consider bids for Lafarge-Holcim portfolio, sources say
A number of firms are considering a bid for the assets that Lafarge and Holcim must sell in order to remain ahead of competition, say two sources aware of the situation in an article on Reuters. In...
View ArticleGroups team up to bid for Lafarge-Holcim assets, sources say
Companies are teaming up to bid for all the assets that Lafarge and Holcim must sell in order to carry out their planned merger, says an article on Reuters. According to sources, Irish cement maker CRH...
View ArticleLafarge and Holcim set to receive merger approval
Lafarge and Holcim are set to receive the European Union’s approval for their merger deal to create the world’s largest cement maker, says an article on Reuters. According to the article, the two...
View ArticleCRH and Blackstone compete for Holcim, Lafarge assets
Sources say Irish cement maker CRH and a consortium led by Blackstone are battling for assets which Lafarge and Holcim must sell before their planned merger, says an article on Reuters. According to...
View ArticleCRH to purchase Lafarge, Holcim assets for $7.4 billion
Irish cement maker CRH has agreed to pay $7.4 billion for the Lafarge and Holcim assets, says an article on Reuters. This purchase will make CRH the world’s third-largest building materials supplier...
View ArticleMartin Marietta’s appeal delayed
Martin Marietta Materials Inc.‘s appeal of a lower court ruling that halted its $5 billion offer for Vulcan Materials Co. has been postponed until May 31, according to Reuters. Originally, the appeal...
View ArticleTransportation bill passed in nick of time
With the transportation bill just hours away from expiring, Congress passed a $105 billion bill Friday that keeps transportation funding at current levels for another two years. Because the bill passed...
View ArticleOlsen named chief executive of Holcim, Lafarge merger
Eric Olsen was chosen to be the chief executive of the Holcim and Lafarge merger, reports Reuters. Olsen, a French American, has worked at Lafarge for 16 years. He currently works as its vice president...
View ArticleMartin Marietta loses appeal of Vulcan bid ruling
Reuters reports that Martin Marietta Materials Inc. lost its appeal to overturn a court order that halted its $4.5 billion hostile bid and proxy contest for rival Vulcan Materials Co. Delaware’s...
View ArticleHouse passes 2-month transportation spending extension
The U.S. House of Representatives passed a two-month transportation spending extension 387-35, delaying decisions regarding long-term transportation funding until the Highway Trust Fund runs out in...
View ArticleHeidelbergCement purchases Italcementi
German cement maker HeidelbergCement agreed to buy control of Italcementi for 6.7 billion euros, or $7.4 billion, reports Reuters. Italcementi serves customers in more than 20 countries and is a market...
View ArticleConstruction spending dip the first in more than year
U.S. construction spending fell for the first time in nearly 1 1/2 years in November, according to Reuters. A drop in nonresidential investment offset an increase in housing activity. Construction...
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CRH interested in Heidelberg’s US, Belgium assets
CRH is interested in U.S. and Belgian assets that HeidelbergCement may sell to address competition concerns over its acquisition of Italy’s Italcementi, according to Reuters. “U.S. cement is of...
View ArticleLafarge and Holcim set to receive merger approval
Lafarge and Holcim are set to receive the European Union’s approval for their merger deal to create the world’s largest cement maker, says an article on Reuters. According to the article, the two...
View ArticleCRH and Blackstone compete for Holcim, Lafarge assets
Sources say Irish cement maker CRH and a consortium led by Blackstone are battling for assets which Lafarge and Holcim must sell before their planned merger, says an article on Reuters. According to...
View ArticleCRH to purchase Lafarge, Holcim assets for $7.4 billion
Irish cement maker CRH has agreed to pay $7.4 billion for the Lafarge and Holcim assets, says an article on Reuters. This purchase will make CRH the world’s third-largest building materials supplier...
View ArticleOlsen named chief executive of Holcim, Lafarge merger
Eric Olsen was chosen to be the chief executive of the Holcim and Lafarge merger, reports Reuters. Olsen, a French American, has worked at Lafarge for 16 years. He currently works as its vice president...
View ArticleHouse passes 2-month transportation spending extension
The U.S. House of Representatives passed a two-month transportation spending extension 387-35, delaying decisions regarding long-term transportation funding until the Highway Trust Fund runs out in...
View ArticleHeidelbergCement purchases Italcementi
German cement maker HeidelbergCement agreed to buy control of Italcementi for 6.7 billion euros, or $7.4 billion, reports Reuters. Italcementi serves customers in more than 20 countries and is a market...
View ArticleConstruction spending dip the first in more than year
U.S. construction spending fell for the first time in nearly 1 1/2 years in November, according to Reuters. A drop in nonresidential investment offset an increase in housing activity. Construction...
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