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LafargeHolcim Sells Lafarge India Cement Business to Nirma

July 11,2016 11:13

LafargeHolcim Ltd. said Monday it had agreed to sell its interest in Lafarge India to local conglomerate Nirma Ltd. for an enterprise value of $1.4 billion. The move marked a major step in the Franco-Swiss building-materials group's plan to raise money ...and more »



LafargeHolcim Ltd. said Monday it had agreed to sell its interest in Lafarge India to local conglomerate Nirma Ltd. for an enterprise value of $1.4 billion. The move marked a major step in the Franco-Swiss building-materials group’s plan to raise money as it adjusts to tough conditions in some of its most important markets. “This...

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