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Stock Market & Financial Investment News

News Breaks
April 8, 2014
05:27 EDTLFRGYLafarge upgraded to Buy from Neutral at UBS
News For LFRGY From The Last 14 Days
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December 15, 2014
12:24 EDTLFRGYHolcim, Lafarge deal approved by EU with conditions
The European Commission has found the proposed acquisition of Lafarge (LFRGY) of France by Holcim (HCMLY) of Switzerland to be in line with the EU Merger Regulation. The decision is conditional upon the divestment of Lafarge businesses in Germany, Romania and the U.K. and of Holcim operations in France, Hungary, Slovakia, Spain and the Czech Republic. In order to prevent a negative impact on competition, the companies committed to divesting most of the operations where their activities overlap. This comprises assets as well as the services necessary for the viability of the assets. Holcim and Lafarge will not be allowed to close their deal until the Commission has approved the buyer(s) of the assets put up for sale.

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