22nd Jan 2015 14:29
LONDON (Alliance News) - CRH PLC is understood to be the leading bidder in the race to buy the assets that rival cement makers Holcim Ltd and Lafarge SA will have to sell ahead of their planned merger, Bloomberg reported Thursday.
Citing people familiar with the talks, Bloomberg said CRH is believed to have submitted the best offer so far, thought to be around EUR6 billion, for the assets.
CRH and Lafarge declined to comment on the story, while Holcim could not be reached for comment, Bloomberg said.
http://www.bloomberg.com/news/2015-01-22/crh-said-to-be-leading-bidder-for-holcim-lafarge-assets.html?hootPostID=fed70d6c3327bd549c8b92ae6d2ce3c5
By Sam Unsted; [email protected]; @SamUAtAlliance
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