Tags: Holcim

LafargeHolcim could see shares rise above $10

Jun 12, 2015

LafargeHolcim could see shares rise above $10

The largest Holcim shareholder told a Swiss magazine that the soon-to-be LafargeHolcim could see its share price shoot up past $100. According to Reuters, Thomas Schmidheiny said that once the merger between cement giants Lafarge and Holcim is finalized, the share ...

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CRH shares could see a 24% rise as a result of its deal with Holcim and Lafarge

Jun 03, 2015

CRH shares could see a 24% rise as a result of its deal with Holcim and Lafarge

Holcim and Lafarge aren't the only ones walking away from their massive merger with loaded pockets. CRH is expected to see its share price shoot up 24 percent as a result of its own deal with the two largest cement ...

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Holcim launches public exchange offer for Lafarge shares

Jun 02, 2015

Holcim launches public exchange offer for Lafarge shares

Inching ever closer to finalizing the massive merger, Holcim Ltd. launched the public exchange offer for the shares of Lafarge. According to Market Watch, the shareholders of France's Lafarge have a chance to offer 10 of their shares in the cement giant ...

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Holcim and Lafarge have finalized the executive committee of new merged company

May 28, 2015

Holcim and Lafarge have finalized the executive committee of new merged company

Cement giants Holcim and Lafarge have finalized the new 10-member executive committee for the new LafargeHolcim once the merger is complete. Reuters reported that Holcim CFO Thomas Aebischer is heading the group that will lead what is set to become the ...

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Lafarge, Holcim receive merger go-ahead from U.S., Canada competition authorities

May 25, 2015

Lafarge, Holcim receive merger go-ahead from U.S., Canada competition authorities

  Lafarge and Holcim received approval for their planned merger from competition authorities in the United States and Canada. The latest go-aheads in the U.S. and Canada mark the final competition approvals needed for the merger's closing in July, according to Hub ...

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Lafarge CEO awarded $2.78 million bonus for ‘key role’ in merger

May 21, 2015

Lafarge CEO awarded $2.78 million bonus for ‘key role’ in merger

The CEO of Lafarge was awarded a $2.78 million bonus leading up to the merger with Holcim to create the world's largest aggregate company. Bruno Lafont, head of the French cement company, was given the bonus for having a "key role" ...

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Lafarge, Holcim announce job cuts ahead of merger

May 20, 2015

Lafarge, Holcim announce job cuts ahead of merger

Lafarge presented its employee representatives on Tuesday with the proposed new organization of central functions for the soon-to-be LafargeHolcim, but with the new structure comes job losses for both Lafarge and Holcim. Lafarge announced that there would be 380 net job ...

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Holcim files Lafarge merger with French regulator

May 12, 2015

Holcim files Lafarge merger with French regulator

The creation of the world's largest aggregate company got closer to being a reality Monday as Holcim Ltd. filed the Lafarge merger with a French financial market regulator. In one of the final steps before the $47 billion merger is finalized, Holcim ...

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Holcim shareholders vote to back funding for planned merger with Lafarge

May 08, 2015

Holcim shareholders vote to back funding for planned merger with Lafarge

During the May 8 extraordinary general meeting, Holcim investors voted to back a capital increase, which is the last major hurdle in the Swiss cement maker's planned $40 billion merger with France's Lafarge. Reuters reports that more than 93 percent of ...

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Third largest Holcim shareholder votes in favor of Lafarge merger

May 06, 2015

Third largest Holcim shareholder votes in favor of Lafarge merger

Holcim shareholder Harris Associates voted in favor of Holcim’s merger with Lafarge. Harris, the third largest Holcim shareholder, told Reuters Monday that the American fund manager had voted positively for the merger of two of the world’s largest cement companies. Harris’ vote ...

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FTC approves Holcim-Lafarge merger after companies agree to divest assets

May 05, 2015

FTC approves Holcim-Lafarge merger after companies agree to divest assets

The massive merger of Holcim and Lafarge got the go-ahead from the Federal Trade Commission Monday, but not before the two cement giants had to agree to divest several assets in North America. The FTC announced that the merger would harm competition ...

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Holcim reports net income increase in the first quarter

May 05, 2015

Holcim reports net income increase in the first quarter

Holcim Ltd. reported a net income increase of 111.8 percent in the first quarter despite a decrease in sales. The Holcim quarterly report released April 30 said net income increased to more than $405 million in the first quarter. Holcim CEO Bernard ...

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