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Home>CRH Confirms EUR6.5 Billion Deal to Buy Holcim, Lafarge Assets -- Update

CRH Confirms EUR6.5 Billion Deal to Buy Holcim, Lafarge Assets -- Update

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Sun, 1 Feb 2015

By Shayndi Raice Irish building materials company CRH PLC said it agreed to pay EUR6.5 billion for assets from Lafarge SA and Holcim Ltd. that the two cement companies must sell to win approval for their $40 billion merger. CRH said the deal will be funded by cash, debt and a 9.99% equity placing.
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