Tags: Lafarge

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 announces rural road solution as a low-cost alternative to asphalt

May 21, 2015

Lafarge announces rural road solution as a low-cost alternative to asphalt

Lafarge announced recently a new concrete solution to reduce the costs of rural roads up to 55 percent over a 20-year life cycle. Lafarge Malaysia announced the new rural roads solution recently and pilot projects are expected to get underway soon, ...

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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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Lafarge and Solidia to commercialize low-carbon technology for cement production

May 13, 2015

Lafarge and Solidia to commercialize low-carbon technology for cement production

Just on the cusp of its merger with Holcim, Lafarge has announced that it's taking steps to decrease the company's carbon footprint along with help of Solidia Technologies. Lafarge partnered with the U.S.-based startup in 2013 and the two businesses have reached ...

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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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Lafarge-Holcim merger comes under the gun from Swiss shareholder advisory group

Apr 28, 2015

There is dissention in the ranks of Holcim shareholders regarding the merger between Lafarge and Holcim…again. Reuters reports that, late last week, Swiss shareholder advisory group, Ethos, recommended rejecting the planned merger because it believes the Swiss group is better ...

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Lafarge and Holcim announce U.S. asset divestments required by Federal Trade Commission for merger

Apr 21, 2015

In yet another sign that the planned LafargeHolcim merger will move forward, Lafarge and Holcim have announced details about the assets they propose to divest in the United States. A news release from the companies notes that the divestments will ...

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