7 months Interested buyers listed for Lafarge-Holcim’s PH cement operations MB |Biz
China’s Anhui Conch Cement Co. and Japan’s Taiheiyo Cement Corp. have been invited to the next round of bidding for LafargeHolcim Ltd.’s listed Philippines unit, people familiar with the matter said. Philippine tycoon Ramon Ang’s Eagle Cement Corp. has also been selected for the next round, said the people, who asked not to be identified because the matter is private. Holcim Philippines Inc. has also attracted interest from China Resources Cement Holdings Ltd. and Hongshi Group Co., the people said. Europe’s biggest cement maker is exploring the divestment as part of a broader strategic review of its Southeast Asia operations ... more