- Holcim's (OTCPK:HCMLY) second-largest shareholder has given its support for the company's takeover of Lafarge (OTCPK:LFRGY), removing one of the last obstacles for a $44B merger which would create the world's largest cement company.
- The backing is another boost for Holcim as it seeks to win over two-thirds of investors at a shareholder meeting on May 8, in order to approve a fundraising to pay for the merger.