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LafargeHolcim Ltd (LHN.PA)

LHN.PA on Paris Stock Exchange

42.32EUR
18 Feb 2019
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€0.25 (+0.59%)
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Fri, Feb 1 2019

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LafargeHolcim completes sale of $1.75 billion Indonesian unit

ZURICH LafargeHolcim has completed the sale of its Indonesia business in a deal which valued the unit at $1.75 billion, the cement maker said on Friday.

LafargeHolcim completes sale of $1.75 billion Indonesian unit

ZURICH LafargeHolcim has completed the sale of its Indonesia business in a deal which valued the unit at $1.75 billion, the cement maker said on Friday.

UPDATE 2-LafargeHolcim sees slower 2019 sales growth but higher profitability

BIRMINGHAM, England, Nov 28 LafargeHolcim expects slower sales growth but higher profitability in 2019, the world's largest cement maker said on Wednesday, adding that it is counting on "solid market demand" for its building materials to continue.

Indonesia revives M&A deal flow

* Loans: Country’s largest cement maker taps US$1.25bn acquisition financing

UPDATE 3-Indonesia's biggest cement maker snaps up LafargeHolcim unit to bolster market lead

* Sector hit by pricing pressures, weak margins (Adds detals on cement capacity in paragraph five)

CORRECTED-UPDATE 2-Indonesia's biggest cement maker snaps up LafargeHolcim unit to bolster market lead

SINGAPORE, Nov 13 Indonesia's biggest cement maker Semen Indonesia is buying the local unit of Swiss rival LafargeHolcim for around $917 million, as it seeks to extend its dominant position in Southeast Asia's largest market.

Semen Indonesia to buy LafargeHolcim's Indonesian unit for $917 million

ZURICH/SINGAPORE Indonesia's biggest cement maker Semen Indonesia is buying the local business of Swiss company LafargeHolcim for roughly $917 million, in a move that will consolidate the struggling Indonesian industry.

Deals of the day-Mergers and acquisitions

Nov 12 The following bids, mergers, acquisitions and disposals were reported by 2100 GMT on Monday:

Cost inflation makes LafargeHolcim cut full-year earnings forecast

ZURICH The world's largest cement maker LafargeHolcim cut its profit expectations for 2018 on Friday, blaming rising energy and other costs.

UPDATE 2-Cost inflation makes LafargeHolcim cut full-year earnings forecast

* Shares open 4.6 percent higher (Adds CEO comments, analysts, share price)

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