There are no Focus articles on HCMLY.
There are no Transcripts on HCMLY.
Tue, Sep. 9, 7:13 AM| Comment!
Mon, Jul. 7, 7:42 AM
- Anglo American (AAUKF, AAUKY) says it will sell its 50% stake in a U.K. construction materials joint venture to its partner Lafarge (LFRGY) for a minimum £885M (~$1.5B).
- The sale is subject to the successful completion of the $50B merger between cement giants Lafarge and Holcim (HCMLY), which released a list of operations around the world that both plan to sell in order to win regulatory approval for their proposed combination.
Wed, May. 21, 7:59 AM
- Holcim's (HCMLF, HCMLY) second-biggest shareholder, Filaret Galchev, has agreed to support the Swiss cement company's $40B merger with France's Lafarge (LFGEF, LFRGY) if he can bid for assets that the combined company plans to divest in order to win regulatory approval for the deal, the FT reports.
- Galchev holds 11% in Holcim via his control of Eurocement, Russia's largest cement maker by sales.
Mon, Apr. 21, 11:59 AM
- Once Holcim (HCMLF, HCMLY) and Lafarge (LFGEF, LFRGY) start shedding assets across the world to complete their $40B merger and satisfy antitrust regulators, cement producers from Europe to the U.S. are likely to start lining up with offers.
- Bloomberg says likely bidders for North American cement plants may include Europe’s HeidelbergCement (HDELY) and Titan Cement (TITCF), as well as Mexico’s Cemex (CX) and Ireland's CRH; for businesses in cement aggregates - crushed rock, gravel and sand - potential buyers are Vulcan Materials (VMC) and Martin Marietta Materials (MLM), as well as P-E firms.
- These are prime assets that don’t come up for sale often, so almost everyone in the industry will take a look, a Cantor Fitzgerald analyst says.
Sun, Apr. 6, 1:01 AM
- France-based Lafarge (LFRGY) and Switzerland's Holcim (HCMLY), the two largest cement companies in the world, have confirmed a report that they are in advanced talks about a "merger of equals."
- A deal would create a company with a market cap of over $50B and one that generated €42.8B in combined revenue last year. It would allow the firms to cut capacity amid over-supply, falling demand and high energy prices
- However, a transaction would probably take years to complete, as it would face massive antitrust obstacles and raise political concerns across the world.
Mon, Jan. 6, 8:00 AM
- The European Commission has rejected a request from Germany's competition authority to review Holcim's (HCLMF) acquisition of some of Cemex's (CX) European assets.
- The German regulator had argued that the deal affected competition in the cement markets of northern and western Germany. In reply, the EU said transaction also has an impact on other markets in Europe, including in Belgium, the Netherlands and the northeast of France.
Aug. 28, 2013, 9:34 AM
- Cemex (CX) has agreed to swap European assets with Swiss cement company Holcim (HCMLF.PK).
- The Mexican firm will acquire Holcim's operations in the Czech Republic.
- Cemex will sell its assets in the western part of Germany to Holcim.
- The companies will combine their businesses in Spain, with Cemex retaining 75% of the new entity.
- Holcim will pay Cemex €70M in cash.
- The transactions are expected to generate synergies that will add $20-30M to Cemex's EBITDA. (PR)
There are no StockTalks on this stock yet.
HCMLY vs. ETF Alternatives
Holcim's core businesses include the manufacture and distribution of cement, and the production, processing and distribution of aggregates (crushed stone, gravel and sand), ready-mix concrete and asphalt. The company also offers consulting, research, trading, engineering and other services.
Other News & PR