[Original] Holi Lafarge Actively Seeks Brazilian Merger Clearance

2014-11-21 16:18:10

Holcim and Lafarge are currently in Conselho Administra tivo de Defesa Econ with the Brazilian antitrust association. The mica negotiates a merger agreement.

   Holcim and Lafarge are currently in Conselho Administra tivo de Defesa Econ with the Brazilian antitrust association. The mica negotiates a merger agreement.

   The negotiations involve the divestiture of 31% of Holcim and Lafarge's combined annual cement production capacity in Brazil, or 3.6 million tons. The asset may be sold to a single bidder or to several bidders. Holcim should also file a Conselho Administrativo de Defesa Econ for the antitrust violation. The mica association handed over a fine of $197 million. As early as 2007, Lafarge was fined $16.7 million for conspiring with another French cement producer, Vicat, to monopolize the market and prevent cheaper foreign cement from entering the market.

All can be viewed after purchase
Correlation

Holcim and Lafarge are currently in Conselho Administra tivo de Defesa Econ with the Brazilian antitrust association. The mica negotiates a merger agreement.

2014-11-21 16:18:10

On June 4, the delegation of Hebei Building Materials Industry Association went to Shandong Cement Industry Association to hold a symposium. The two sides conducted in-depth exchanges and practical discussions on common issues such as the current operation characteristics of the building materials industry, changes in the market environment and industrial transformation and upgrading. This visit is a concrete practice of Hebei Association to actively innovate its working methods and serve the healthy development of the industry, aiming at learning from the advanced experience of other provinces and jointly exploring a new path for the high-quality development of the cement industry.