Lafarge signs agreement to buy out interest in Lafarge India
Published by Joseph Green,
Editor
World Cement,
As part of Lafarge’s planned merger with Holcim - and subject to its completion – the company has signed an agreement to purchase the 14% stake in Lafarge India currently possessed by Baring.
The deal for the acquisition is valued at €270 million.
After the completion of the deal and subject to the approval of the regulatory authorities, Lafarge will possess 100% of the shares in Lafarge India.
Adapted from press release by Joseph Green
Read the article online at: https://www.worldcement.com/asia-pacific-rim/16062015/lafarge-signs-interest-lafarge-india-14/
You might also like
The World Cement Podcast - CleanTech & Venture Capital
Our guest for this episode of the World Cement Podcast is Alfredo Carrato, Venture Capital Advisor for CEMEX Ventures. Listen in to the conversation as World Cement's Senior Editor, David Bizley, and Alfredo discuss the role of venture capital and cleantech in enabling the cement industry's green transition.
Tune in to the World Cement Podcast on your favourite podcast app today.