Lafarge39s Tetouan cement plant in an undated file photo. Lafarge, the world39s biggest cement maker, said it had agreed to buy Orascom Cement for 8.8 billion euros 12.81 billion, in a deal thatGet Price
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Lafarge39s Tetouan cement plant in an undated file photo. Lafarge, the world39s biggest cement maker, said it had agreed to buy Orascom Cement for 8.8 billion euros 12.81 billion, in a deal that
On January 2008, Lafarge acquired Orascom Cement, the cement leader in MiddleEast and Mediterranean Basin i.e. a fastgrowing and very profitable market, with high potential. With this acquisition and the current construction program of additional tons, the Group will add a total of 78 million tons of production capacity between 2006 and 2012.
Lafarge portland cement is a high quality, costeffective basic building material used in virtually all forms of construction, from hospitals and homes to schools, tunnels and airports. Lafarge portland cement meets or exceeds all applicable chemical and physical requirements of CSA A3000 and ASTM C150.
France39s Lafarge, the world39s biggest cement maker, has agreed to buy Egypt39s Orascom Cement for 8.8 billion euros 12.81 billion to boost its earnings and exposure to highgrowth emerging markets.
Lafarge delivers material and building solutions that are defined by innovation. gt Infrastructure gt Building Find the best approach for your project using our extensive range of materials . KNOW YOUR CEMENT PRODUCTS. Everything you need to know about Cement. gt Find out more. Talk to us about your next build 27 0 11 657 0000 1000 27 0
In 2007, Lafarge acquired the ready mix, aggregate and cement businesses of Orascom. This acquisition was one of the most successful deals in Lafarge history as it came to fulfill one of its key priorities, which is growing its business in developing countries.
Lafarge will pay 8.8bn and take on 1.4bn in net debt to buy Orascom Cement, which has built leading positions in the Middle East and Mediterranean basin largely through greenfield investment.
Lafarge SA agreed to buy the cement unit of Egypt39s Orascom Construction Industries for 8.8 billion euros 12.9 billion, becoming the biggest producer in the Middle East.
In December 2007, Lafarge announced the purchase of the Orascom Cement Group, an Egyptianbased cement producer with operations across Africa and the Middle East, from Orascom Construction Industries OCI. On 15 May 2008 Lafarge acquired Larsen amp Toubro Ready MixConcrete RMC business in India for 349 million.
2008 Acquisition of Orascom Cement. Lafarge acquired Orascom Cement, the leading cement group in the Middle East and the Mediterranean Basin, with number one positions in the key markets of Egypt, Algeria, United Arab Emirates, and Iraq. 2014 Holcim and Lafarge announced their merger project.
Lafarge SA has acquired Egypts Orascom Construction Industries Cement group for EUR8.8bn. The purchase will boost Lafarges access to the oilfed construction boom in the Gulf region and the fast growth offered by emerging market economies.
Lafarge Board of Directors, chaired by Bruno Lafont, met on December 9, 2007 and approved the acquisition of Orascom Construction Industries Cement Group and the principle of board representation
France39s Lafarge, the world39s biggest cement maker, has agreed to buy Egypt39s Orascom Cement for 8.8billion 12.81billion U.S. to boost its earnings and exposure to highgrowth emerging
LONDON MarketWatch French construction firm Lafarge said Monday it has agreed to buy Orascom Cement for almost 13 billion, in a deal that39s expected to significantly raise its exposure to
Lafarge now owns 100 of Orascom Cement. The reserved capital increase approved at the Lafarge shareholders39 meeting on January 18 will be carried out by the end of the first quarter 2008. Notes to editors. Lafarge is the world leader in building materials, with topranking positions in all of its businesses Cement, Aggregates amp Concrete and
Lafarge buys Orascom Cement for 10bn Mr Lafont will pay 8.8bn and take on 1.4bn in net debt to buy Orascom Cement, a nineyear old company that has built leading positions in the
PARIS AP Lafarge SA, the world39s largest cement maker, said Monday it is buying Egypt39s Orascom Construction Industries Cement Group for about 12.9 billion, gaining access to a region that is undergoing a construction boom fed by oil profits.
Lafarge SA agreed to buy the cement unit of Orascom Construction Industries for 8.8 billion euros 12.9 billion, becoming the biggest producer in Egypt, Algeria and the United Arab Emirates.
The world39s biggest cement maker Lafarge is to buy Egyptian firm Orascom Cement for 8.8bn euros 12.9bn 6.32bn. Shares in Lafarge rose 13 to 121.66 euros on the news, as analysts see the deal boosting Lafarge39s presence in highgrowth emerging markets.
Lafarge will acquire Orascom Cement for 8.8 billion and will assume 1.4 billion in net financial debt of Orascom Cement. The purchase price is to be financed by debt for 6.0 billion and by the issuance of 22.5 million new shares issued to Nassef Sawiris at a price of 125 per share, i.e. a reserved capital increase of 2.8 billion.
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