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Stock Market & Financial Investment News

News Breaks
April 21, 2014
11:14 EDTCX, HCMLY, LFRGYLafarge, Holcim leftovers could attract offers, Bloomberg says
After Lafarge (LFRGY) and Holcim (HCMLY) begin shedding assets across the globe to finalize their $40B merge agreement, cement producers from Europe to the U.S. could potentially start making bids for cement plants, reported Bloomberg. Some analysts foresee possible bidders for the North America plants to include HeidelbergCement, Titan Cement and Mexico’s CEMEX (CX). Reference Link
News For LFRGY;HCMLY;CX From The Last 14 Days
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March 2, 2015
08:58 EDTHCMLY, LFRGYHolcim considers shareholder incentives to help Lafarge merger, Reuters says
Holcim (HCMLY) is considering offering shareholders a large special dividend or share buyback in order to win acceptance for a planned merger with Lafarge (LFRGY), reports Reuters, citing Swiss newspaper Sonntagszeitung. Shareholders are currently reluctant to approve the deal because of inequalities between the companies combined with inflexible merger terms. Reference Link

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