Advertisement
UK markets open in 5 hours 57 minutes

  • NIKKEI 225

    37,977.06
    -483.02 (-1.26%)
     

  • HANG SENG

    17,201.27
    +372.34 (+2.21%)
     

  • CRUDE OIL

    82.77
    -0.04 (-0.05%)
     

  • GOLD FUTURES

    2,330.60
    -7.80 (-0.33%)
     

  • DOW

    38,460.92
    -42.77 (-0.11%)
     

  • Bitcoin GBP

    51,793.78
    -1,767.73 (-3.30%)
     

  • CMC Crypto 200

    1,396.82
    -27.28 (-1.92%)
     

  • NASDAQ Composite

    15,712.75
    +16.11 (+0.10%)
     

  • UK FTSE All Share

    4,374.06
    -4.69 (-0.11%)
     
Money:

The five essential pieces of financial paperwork you must never lose

Mislaying key documents can cause real headaches, so it’s worth tracking down these most commonly-lost bits of paperwork

EU to rule on CRH bid for Lafarge, Holcim assets by April 27

Reuters - UK Focus

BRUSSELS, March 19 (Reuters) - European Union antitrust regulators will rule by April 27 whether to approve Irish cement firm CRH (NYSE: CRH - news) 's plan to buy assets from merging companies Lafarge (Paris: FR0000120537 - news) and Holcim (Other OTC: HCMLF - news) , the European Commission said on Thursday.

French Lafarge and Swiss peer Holcim are selling overlapping activities in line with a pledge to the European Commission for clearing their merger to become the world's largest cement producer.

CRH shareholders approved the 6.5-billion-euro ($6.94 billion) acquisitions earlier on Thursday that would make it the world's third-biggest building materials supplier.

Holcim and Lafarge are now seeking to salvage their deal amid issues over the leadership of the combined company and the share exchange ratio. ($1 = 0.9368 euros) (Reporting by Foo Yun Chee)