Lafargeholcim Ltd (LHN.PA)
22 Mar 2018
Fri, Mar 2 2018
ZURICH LafargeHolcim's new chief executive set out his plan on Friday to revive the company's fortunes by cutting costs, selling assets and focusing on fewer markets as the world's biggest cement maker announced a $4 billion write off. | Video
* Shares fall more than 7 percent (Adds comparison with rivals, details from CEO, share price)
ZURICH LafargeHolcim has bought Kendall Group, an aggregates and ready mix concrete maker in southern Britain, in the first acquisition by the Swiss company's Chief Executive Jan Jenisch since he took charge last September.
* LAFARGEHOLCIM TO INVEST CHF 200 MILLION TO DRIVE FURTHER GROWTH IN INDIA
* CEMATRIX - LAFARGE CANADA RE-AFFIRMED COMMITMENT TO CO, INCLUDING "INCREASED SALES & MARKETING SUPPORT" FOR DEVELOPING CELLULAR CONCRETE MARKETS IN CANADA Source text for Eikon: Further company coverage:
ZURICH, Dec 15 LafargeHolcim is revamping its management structure to make countries more accountable for results, the world's largest cement maker said on Friday, in a bid to boost growth and performance.
ZURICH LafargeHolcim has ended talks with South African cement maker Pretoria Portland Cement (PPC) about a possible deal, the Swiss group said on Wednesday.
BOGOTA, Dec 12 Colombia on Tuesday fined cement companies Cementos Argos, Cemex and Holcim, along with some of its managers, more than 200 billion pesos ($66 million) for fixing prices.
PARIS, Dec 12 French cement group Lafarge paid close to 13 million euros ($15.2 million) to armed groups including Islamic State militants to keep operating in Syria from 2011-2015, human rights lawyers said on Tuesday.
BOGOTA, Dec 12 Colombia on Tuesday fined cement companies Cementos Argos, Cemex and Holcim, along with some of its managers, more than 200 billion pesos ($66 million), for fixing prices.