News: Holcim Ltd (HOLN.VX)

HOLN.VX on Virt-X Level 1

72.45CHF
21 Nov 2014
Price Change (% chg)

CHF2.25 (+3.21%)
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CHF70.20
Open
CHF70.40
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CHF72.65
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CHF70.10
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Avg. Vol
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CHF86.05
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CHF59.50

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Sat, Nov 22 2014

India regulator says Holcim-Lafarge merger may hurt competition

MUMBAI - A planned merger by Switzerland's Holcim Ltd and France's Lafarge to create the world's biggest cement maker might hurt competition in India, the country's antitrust regulator said on Saturday, asking the firms for more details.

India regulator says Holcim-Lafarge merger may hurt competition

MUMBAI, Nov 22 - A planned merger by Switzerland's Holcim Ltd and France's Lafarge to create the world's biggest cement maker might hurt competition in India, the country's antitrust regulator said on Saturday, asking the firms for more details.

TRLPC-Bankers ready 4.5 billion euros of debt for Lafarge Holcim assets

LONDON - Cement makers Lafarge and Holcim are preparing to sell assets in order to go ahead with their planned merger, and lenders are readying debt financing packages of around 4.5 billion euros (5.59 billion US dollar) to back private equity bids, banking sources said on Friday.

TRLPC-Bankers ready 4.5 bln euros of debt for Lafarge Holcim assets

LONDON, Nov 21 - Cement makers Lafarge and Holcim are preparing to sell assets in order to go ahead with their planned merger, and lenders are readying debt financing packages of around 4.5 billion euros (5.59 billion US dollar) to back private equity bids, banking sources said on Friday.

Holcim expects to pick buyers for assets by end-January

ZURICH - Swiss cement maker Holcim said it expected to have chosen buyers for assets it must divest to push through its merger with France's Lafarge by the end of January and to complete the deal by the middle of next year.

UPDATE 2-Holcim expects to pick buyers for assets by end-January

* Received clearance for Lafarge merger from 7 jurisdictions

UPDATE 1-Lafarge keeps demand outlook, clears decks for Holcim deal

* Confirms 550 mln eur cost savings goal for 2015 (Updates with background, quotes from conference call)

Lafarge "will approach" 9 bln eur yr-end debt target

PARIS, Nov 5 - French cement maker Lafarge "will approach" its previous target of reducing debt below 9 billion euros ($11.3 billion) by the end of 2014 but is no longer aiming at it, having suspended all asset sales not connected with its merger with Holcim.

Holcim attracts 60-plus asset bids as results highlight merger logic

ZURICH - Switzerland's Holcim has received more than 60 bids for assets it must sell to win regulatory approval for a merger with Lafarge , the cement company said as it reported third-quarter results that missed expectations.

UPDATE 3-Holcim attracts 60-plus asset bids as results highlight merger logic

* Disposals needed for regulatory approval of Lafarge merger

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