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EU: CRH gets clearance for €6.5 billion in asset purchases

By  |  April 26, 2015

The Irish building materials giant is buying a number of global assets belonging to the French and Swiss firms as they finalise terms of their own merger. Lafarge and Holcim are disposing of some of their businesses to clear regulatory hurdles for their merger.

The European Commission said that acquisition by CRH of the assets being sold would raise no competition concerns, “in particular because the merged entity will continue to face sufficiently strong competition after the merger and customers will have alternative suppliers in all markets concerned”.

 

Full Content: The Irish Times

 

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