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Canada: Authorities approve Lafarge Holcim merger proposal

By  |  May 5, 2015

Lafarge and Holcim have announced that they have received final approval for their proposed ‘merger of equals’ from Canadian competition authorities. This means that all the necessary approvals have now been received, smoothing the way to the transaction’s expected closing date of July 2015.

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    The obtained approvals have enabled the two cement and building materials producers to release a final list of the assets planned for divestment in order to meet regulatory requirements.

    These divestments, which are listed below, are subject to the completion of the merger and the successful public exchange offering to Lafarge’s shareholders and approval by Holcim’s shareholders.

     

    Full content: The Wall Street Journal

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