LafargeHolcim Ltd (LHN.PA)
* Loans: Country’s largest cement maker taps US$1.25bn acquisition financing
MILAN/LONDON With world equity markets set to call time on one of the longest bull markets in history, so-called 'value stocks' - wallflowers during the technology-led boom years - are suddenly back in fashion.
* Sector hit by pricing pressures, weak margins (Adds detals on cement capacity in paragraph five)
CORRECTED-UPDATE 2-Indonesia's biggest cement maker snaps up LafargeHolcim unit to bolster market lead
SINGAPORE, Nov 13 Indonesia's biggest cement maker Semen Indonesia is buying the local unit of Swiss rival LafargeHolcim for around $917 million, as it seeks to extend its dominant position in Southeast Asia's largest market.
Nov 12 The following bids, mergers, acquisitions and disposals were reported by 2100 GMT on Monday:
ZURICH, Nov 12 LafargeHolcim is selling its Indonesian business to Semen Indonesia as it reviews its portfolio to improve its financial strength, the world's largest cement maker said in a statement on Monday.
* Shares at 2-year low (Adds details on possible value, rivals, overall market, products)
* Shares open 4.6 percent higher (Adds CEO comments, analysts, share price)
ZURICH/BERLIN, Oct 26 The Swiss blue-chip SMI was seen opening 0.8 percent lower at 8,633 points on Friday, according to premarket indications by bank Julius Baer .
ZURICH, Oct 26 LafargeHolcim increased its sales outlook for 2018 but reduced its profit expectations as the world's largest cement maker reported better-than-expected earnings during its third quarter.