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EU: Lafarge, Holcim discussing fast-tracked merger review

By  |  September 17, 2014

Unnamed sources say cement giants Lafarge and Holcim are in discussions with the European Commission to secure a rapid review of their plans to merge and create the world’s largest cement maker.

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    According to reports, the companies are planning to offer concessions that would alleviate competition concerns before filing for approval for the deal; the move would jumpstart the approval process.

    The move also offers a chance for the companies to avoid an in-depth probe of the deal, the sources said.

    Full content: Bloomberg

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