Key Developments: Holcim Ltd (HOLN.VX)

HOLN.VX on Virt-X Level 1

24 Oct 2014
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Latest Key Developments (Source: Significant Developments)

EU Regulators clear CEMEX SAB de CV to buy Holcim 's Spanish operations - Reuters
Tuesday, 9 Sep 2014 05:45am EDT 

Holcim Ltd:European Union antitrust regulators approved on Tuesday Cemex's proposed takeover of Swiss rival Holcim 's Spanish units, saying the deal would not reduce competition in Spain - Reuters.The European Commission opened an investigation in April, worried the acquisition could curb competition and also facilitate illegal collusion between grey cement producers in Spain.The probe showed that this would not be the case, absolving the companies from requiring to make concessions.  Full Article

Holcim and Lafarge announce details of proposed asset disposals in Brazil as part of their planned merger
Sunday, 3 Aug 2014 08:00pm EDT 

Holcim Ltd and Lafarge SA:Say together announce further details on their proposal for comprehensive divestments in Brazil, as part of their planned merger of equals to create LafargeHolcim.Say as announced on July 7, joint Divestment Committee has agreed to propose to Brazilian competition authority CADE a package of high-quality assets from both Holcim and Lafarge, which include 3 integrated cement plants and 2 grinding stations.Say as announced, closing of planned merger is expected in H1 2015.  Full Article

Lafarge SA and Holcim sell Ciments Guyanais to Argos
Wednesday, 9 Apr 2014 12:26pm EDT 

Lafarge SA:Sells with Holcim French Guiana company owned in equal parts, Ciments Guyanais, to Argos.Argos to pay 50 million euros for Ciments Guyanais.  Full Article

Lafarge and Holcim announce merger of equals
Monday, 7 Apr 2014 01:58am EDT 

Lafarge SA:Announces together with Holcim Ltd intention to combine two companies through merger of equals.Intention unanimously approved by respective Board of Directors and fully supported by core shareholders of both companies.Lafarge and Holcim pro forma combined sales amount to about 39 bln Swiss francs / 32 bln euros and EBITDA to about 8 bln Swiss francs / 6.5 bln euros.Lafarge and Holcim to occupy complementary positions after strategic optimization of portfolio through pro-active divestment process, in anticipation of regulatory requirements.LafargeHolcim to be listed on SIX in Zurich and Euronext Paris and to continue being domiciled in Switzerland.LafargeHolcim to operate under local governance rules with board composed with equal numbers of Lafarge and Holcim directors and through efficient distribution of central corporate functions in France and Switzerland.Executive Committee to be formed from both Lafarge and Holcim management.Proposed combination to be structured as public offer filed by Holcim for all outstanding shares of Lafarge on basis of 1 for 1 exchange ratio with agreement to have equal dividends on per share basis between announcement and completion.Proposed combination conditional upon, among other things, execution of definitive documentation, approval of shareholders of Holcim and obtaining required regulatory and other customary authorizations.Completion expected by end of H1 2015 subject to obtaining regulatory approvals.  Full Article

Lafarge confirms merger talks with Holcim
Friday, 4 Apr 2014 11:35am EDT 

Lafarge SA:Confirms that Lafarge and Holcim Ltd are in advanced discussions regarding possible combination.Discussions are based on principles consistent with merger of equals.No agreement has yet been reached and no assurance can be given that these discussions will lead to definitive agreement.  Full Article

Holcim Ltd board of directors proposes to pay distribution
Monday, 3 Mar 2014 07:00pm EST 

Holcim Ltd:To pay dividend of 1.3 Swiss franc per share for 2013.Payment date May 2.  Full Article

Holcim Ltd Proposes Distribution
Tuesday, 26 Feb 2013 07:00pm EST 

Holcim Ltd announced that for 2012 a , a proposal to put to the annual general meeting on April 17, of an amount of CHF1.15 (2011: 1.00) per registered share be distributed . It will be paid from the capital contribution reserves.  Full Article

Holcim Ltd. Sells Stakes in Siam City Cement PCL to Bangkok Broadcasting and Television Ltd
Friday, 21 Dec 2012 08:43am EST 

Siam City Cement PCL announced that on December 21, 2012, Holcim Ltd. has sold a 9.3% stake or 21,390,000 shares of the Company to Bangkok Broadcasting and Television Ltd, worth THB 370 per share or a total value of THB 7,914,300,000.  Full Article

Cemex shares up after rules out bid on Lafarge, Holcim assets

MEXICO CITY, Oct 23 - Shares in Cemex extended early gains after the company's CEO on Thursday said the Mexican cement maker is not interested in any assets its rivals Lafarge and Holcim may sell as a result of their proposed merger.

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