- LafargeHolcim (OTCPK:HCMLF) has paid £992M to buy out a 50% stake in Lafarge Tarmac held by Anglo American (OTCQX:AAUKF, OTCPK:AAUKY) so it can sell the U.K. building materials company to CRH to meet regulatory requirements.
- "This step is required to allow for the full divestment of Lafarge Tarmac...to CRH as part of the divestment of several assets in Europe, Canada, Brazil and the Philippines," the company said in a statement.