Hints and tips:
...Jan Jenisch of Holcim, the world’s biggest producer of cement — a sector that accounts for about 8 per cent of global emissions — said that the company would be able to capture all carbon emissions from...
...Take one of the biggest culture clashes in recent deal history, the merger between cement makers Lafarge of France and Holcim of Switzerland....
...In February 2015 it added to its European presence when acquiring parts of the Lafarge Holcim buisness in a €6.5bn deal. CRH also owns Tarmac, the UK’s largest building materials company....
Buffett’s appetite for Apple; Uber, PwC, LafargeHolcim and Rio Tinto in the news
...People close to the deal expressed confidence they could secure regulatory clearance by mimicking a strategy employed by cement giants Holcim and Lafarge in their 2015 merger....
...He departed in 2014 to guide Holcim through its LaFarge deal and was widely touted as a possible chairman of Volkswagen....
...At the time, chief executive Mr Manifold said the company would probably need a year to fully get to grips with its expanded size, after it also acquired $6.5bn worth of assets from Lafarge and Holcim....
...In 2012, both Lafarge and Holcim said they would target an 8 per cent return on capital employed....
Expectations of eurozone easing drive greater issuance of euro corporate debt
...The €41bn tie-up of French and Swiss companies Lafarge and Holcim created the world’s largest cement company by revenue when it closed in July....
...The acquisitions will turn CRH into the world’s third-largest building materials group by market value as the industry sees frantic consolidation sparked by the Lafarge-Holcim deal....
...Holcim is no longer happy about the idea of Mr Lafont at the helm....
...Holcim’s earnings have been downgraded by 15 per cent....
...In May Bruno Lafont (above), CEO of Lafarge, the French cement company on the verge of being taken over by Switzerland’s Holcim, was awarded a €2.5m bonus for his “key role” in pushing the deal through and...
...Holcim has not set a date for this....
...He is hoping to tap into a surge of interest in one of Ireland’s most famous products and sounds confident: “There is confidence in Irish whiskey and in Ireland Inc generally.”...
...Mr Reitzle, now chairman of Holcim, spent a decade at Linde overhauling a once unwieldy conglomerate by selling unwanted businesses, and refocusing the group on three core areas: industrial gases, medical...
...Holcim and Lafarge, two European cement heavyweights, combined to form a powerhouse....
...EARNINGS BHP Billiton H1 $1.47 ($1.47) HSBC FY $0.87 ($0.84) Holcim Q4 SFr0.97 (SFr0.71) EARNINGS Ferrovia lFY €0.52 (€0.92) Hewlett-Packard Q1 $0.91 ($0.90) Macy’s Q4 $2.40 ($2.31) Persimmon FY...
...NEWS Holcim and Lafarge outline cement merger deal: Holcim and Lafarge, the world’s largest cement makers, announced their proposed merger on Monday, pledging big asset disposals to meet competition concerns...
...That price may have spooked more rational buyers such as cement specialists Holcim, Argos and Votorantim. By paying only in stock, Martin’s leverage remains manageable at near 3 times debt/cash flow....
...Texas Industries, also known as TXI, may draw interest from buyers including Switzerland’s Holcim and U.S. competitor Vulcan Materials, one of the people said.”...
...Holcim received a fillip after two brokers raised their outlook on the Swiss cement maker’s shares....
...An investigation is under way in Brazil involving Holcim and five other producers on allegations of price fixing. Holcim has denied the accusations....
International Edition