France's Lafarge to sell six aggregate quarries in US
PARIS Jan 10 (Reuters) - Lafarge, the world's largest cement maker, is selling six aggregate quarries in the United States worth $160 million as part of its plan to hive off non-core assets and cut debt.
The quarries are located in Georgia and represent less than 1 percent of Lafarge's sales in North America in 2011, the French company said on Thursday.
Lafarge is in a drive to shed non-core assets to cut its debt to less than 10 billion euros ($13 billion) and slated disposals worth 1 billion euros in 2012.
- Police seek motive in fatal Washington state school shooting
- Two deputies killed, two others hurt in California shooting spree
- Wall St. finally turning on Amazon as Bezos magic fades
- U.S. nurse quarantined over Ebola criticizes her treatment |
- U.S., allies stage 22 air strikes in Iraq: U.S. Central Command