Oldcastle parent prevails in $7 billion Lafarge, Holcim asset pursuit
- Published: Monday, 02 February 2015 19:14
- Written by Concrete News
Sources: CP staff; CRH Plc, Dublin
In a February 2 U.S. Securities and Exchange Commission filing, CRH cites a binding commitment to acquire certain Holcim Ltd. and Lafarge SA assets, ahead of a planned, mid-year merger creating LafargeHolcim. The commitment centers on a transaction with an enterprise value of about $7.4 billion, and encompasses Holcim Canada Inc. plus a host of overseas cement, concrete and aggregate businesses.