Advertisement
UK markets closed

  • FTSE 100

    7,895.85
    +18.80 (+0.24%)
     

  • FTSE 250

    19,391.30
    -59.37 (-0.31%)
     

  • AIM

    745.67
    +0.38 (+0.05%)
     

  • GBP/EUR

    1.1609
    -0.0074 (-0.64%)
     

  • GBP/USD

    1.2371
    -0.0067 (-0.54%)
     

  • Bitcoin GBP

    51,837.94
    +468.79 (+0.91%)
     

  • CMC Crypto 200

    1,381.54
    +68.92 (+5.25%)
     

  • S&P 500

    4,967.23
    -43.89 (-0.88%)
     

  • DOW

    37,986.40
    +211.02 (+0.56%)
     

  • CRUDE OIL

    83.25
    +0.52 (+0.63%)
     

  • GOLD FUTURES

    2,402.90
    +4.90 (+0.20%)
     

  • NIKKEI 225

    37,068.35
    -1,011.35 (-2.66%)
     

  • HANG SENG

    16,224.14
    -161.73 (-0.99%)
     

  • DAX

    17,737.36
    -100.04 (-0.56%)
     

  • CAC 40

    8,022.41
    -0.85 (-0.01%)
     
Property:

11 beautiful homes with glorious garden rooms

Investing in a home with a garden room will enable you to enjoy your outside space whatever the weather

Holcim, Lafarge reach binding agreement with CRH on divestments

Reuters - UK Focus

May 26 (Reuters) - Cement companies Holcim (Other OTC: HCMLF - news) and Lafarge (Paris: FR0000120537 - news) said on Tuesday that they have reached a binding agreement under which Irish cement maker CRH Plc (NYSE: CRH - news) will buy some of their assets for 6.5 billion euro ($7.07 billion).

The deal, which will transform the Irish company into the world's third-biggest building materials supplier, was announced in February and includes assets in Europe, Canada, Brazil and the Philippines.

The divestment deal, which was cleared by EU antitrust regulators last month, was a condition for France's Lafarge and Switzerland's Holcim to merge.

($1 = 0.9195 euros) (Reporting by Ankush Sharma in Bengaluru; Editing by Cynthia Osterman)