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MAR 20, 2015 - TheStreet

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Holcim and Lafarge Strike New Deal to Save $39 Billion Merger

NEW YORK (The Deal) -- European cement makers Holcim and Lafarge have salvaged their $39 billion merger by shunting Lafarge CEO Bruno Lafont out of an operational role in the combined group and tweaking the share-swap ratio. Under the terms of the new deal, investors will receive 0.9 of a Holcim share for each share of France's Lafarge they hold, shifting ...

Tags: Holcim and Lafarge Strike New Deal to Save $39 Billion Merger,  Sfr Latest News