The European Commission has approved CRH’s planned €6.5 billion purchase of assets from rivals Holcim and Lafarge.

The European Commission has approved CRH’s planned €6.5 billion purchase of assets from rivals Holcim and Lafarge. Holcim and Lafarge agreed a €40 bil(...)

Germany’s Dax, down 1.9 percent, underperformed the wider market, after a recent sharp rally and as the euro gained against the dollar. Photograph: Reuters/Pawel Kopczynski

European stocks slipped on Thursday due to Greece’s worsening financial predicament, while euro zone government borrowing costs, including Ireland’(...)

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TODAY Meetings: Holcim agm (Zurich) TOMORROW Results: Google; Intel; Kuehne + Nagel. Meetings: Business Expo 2015 (Westcourt Hotel, Dro(...)

Future CEO Eric Olsen of the new merged entity LafargeHolcim. Photograph: Arnd Wiegmann/Reuters

Holcim and Lafarge agreed to nominate Eric Olsen to lead their combined operation as they seek to overcome lingering opposition from some shareholders(...)

Lafarge’s Bruno Lafont: due to propose a chief executive candidate for Holcim within the next two weeks. Photograph: Kosuke Okahara/Bloomberg

Building materials group Lafarge’s boss Bruno Lafont wants someone with experience of the cement industry to be chief executive in the French group’s (...)

Holcim  and Lafarge  agreed a merger to create the world’s biggest cement maker with more than $40 billion in sales and cut overcapacities and energy expenses. However, merger talks appear to be stalling. (Photograph: Balint Porneczi/Bloomberg)

Shares in French cement group Lafarge fell by around 2 per cent on Monday after two shareholders of its Swiss merger partner Holcim appeared unhappy(...)

Albert Manifold, group chief executive, speaking to members of the media following the CRH egm in Dublin this week. Photograph: Eric Luke

If CRH chief executive Albert Manifold was worried on Thursday about getting its €6.5 billion purchase of overlap assets from the Holcim-Lafarge merge(...)

For CRH the acquisition will catapult it into third spot in the global rankings of building materials groups

CRH has dispatched integration teams to meet with executives from the Holcim-Lafarge business it is due to acquire, as it presses ahead with the €6.5(...)

Britain’s top share index notched up a new peak on Friday, with Irish cement firm CRH leading the market higher on expectations of European assets pur(...)

Holcim and Lafarge plan to sell assets to CRH in order to get regulatory approval for a merger

Holcim and Lafarge have agreed new financial terms and leadership to save their plans to create the world’s biggest cement company, after the merger c(...)