Tuesday, June 16, 2015

Cement Market Consolidation

Cement Market Consolidation



Major French Cement player Lafarge is all set to accquire a 14% stake in Lafarge India. The deal worth around $304 million will depend upon Larfarge's merger with Holcim. With this the Indian subsidiary will become a 100% ownership one. Baring Private Equity now holds this 14% stake.

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