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...In recent years, steelmaker Arcelor, telecom gear specialist Alcatel-Lucent, cement giant Lafarge, and energy group Technip were all snapped up by buyers from outside France....
...This is just a transaction to make Alstom stronger,” Henri Poupart-Lafarge told the Financial Times. “It’s not the nationalities of the companies that explains the deal.”...
...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....
...It followed a French lawsuit filed last year against Lafarge, which owned the plant, by human rights groups which accused the company of having business relations with Isis and of financing terrorism....
...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....
...First announced in April 2014, it is expected to close in July after a share tender by Lafarge shareholders. Lafarge and its bankers continue to insist that the deal is a merger not a takeover....
...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....
...With the proposal to remove Mr Lafont, Holcim is not just saying that the Swiss company is doing better and should pay less for Lafarge, but also asserting “we want control of the board”, said one Lafarge...
...As recently as Friday, both Lafarge and Holcim were pooh-poohing suggestions that the deal was in trouble....
...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.”...
...Lafarge and Holcim have refused to comment publicly on reports that the terms of the deal will change....
...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....
...Holcim and Lafarge, two European cement heavyweights, combined to form a powerhouse....
...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...
...The businessman rose to prominence as chief executive of Blue Circle, the cement supplier that was sold to Lafarge for £3.1bn cash in 2001, and then as chief executive of debt-laden engineering conglomerate...
...Henri Poupart-Lafarge, chief executive of Alstom’s trainmaking division, said a change would open the US market up to more and more of Alstom’s international products....
...Henri Poupart-Lafarge, president of the transport sector of France’s Alstom, one of the world’s biggest trainmakers, says it wants to bring more of its global products to North America....
...Inc Q3 $0.33 ($0.35) Citigroup Q3 $1.06 ($1.06) Johnson & Johnson Q3 $1.32 ($1.25) Coca-Cola Q3 $0.53 ($0.51) Tata Consultancy Services Q2 Rs22.74 (Rs17.51) Trading and sales update H&M Hennes...
...Related reading: Big payday awaits Carlos Slim in Sanborns IPO, beyondbrics Slim, Lafarge team up on cement, beyondbrics Carlos Slim: in for a penny…, beyondbrics Carlos Slim file, beyondbrics...
...The company, which last year snapped up the US southeast assets of France’s Lafarge, the world’s largest cement producer, in a deal with an enterprise value of $760m, is betting in a rebound of the US housing...
...Lafarge said it also had strict rules against anti-competitive behaviour....
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