PARIS/ZURICH, April 4 French and Swiss cement
makers Lafarge and Holcim said on Friday
they were in advanced discussions over a possible merger of
equals, but that no agreement had yet been reached.
"Lafarge and Holcim believe that ... there is rationale in
considering a potential merger that could deliver significant
benefits to customers, employees and shareholders," Lafarge said
in a statement.
Shares in both companies rose earlier following a report of
a possible merger aimed at creating the worlds' largest cement
company with a market value of more than $50 billion.
(Reporting by Natalie Huet in Paris and Alice Baghdjian in
Zurich; Editing by James Regan)