Swiss multinational cement giant LafargeHolcim has got fair trade regulator CCI’s go-ahead for a new divestment plant for its India business including three cement plants and two grinding stations. The proposed divestment is key to get the approval of the Competition Commission of India (CCI) for the multi-billion dollar merger between Lafarge and Holcim announced last year. The revised plan was announced by the behemoth last week after another transaction proposed earlier fe .. Read more at: http://economictimes.indiatimes.com/articleshow/50912863.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst
Source: Economic TimesLafargeHolcim gets CCI go-ahead for India divestment plan.
Industry: Cement 2016-02-10