CRH races Blackstone-CPPIB-Cinven for Holcim, Lafarge assets: Reuters
Irish cement maker CRH and a consortium led by U.S. private equity firm Blackstone are battling for assets which Lafarge and Holcim must sell ahead of their planned merger, sources told Reuters. One source said CRH has bid almost 6 billion euros (US$6.8 billion), while the Blackstone group, which also includes Canada Pension Plan Investment Board (CPPIB) and Cinven, has bid 5.5 billion euros (US$6.3 billion).
22 January 2015•2 mins read
