Cement News tagged under: south Asia

RSS feed

San Miguel Corp sale transaction lapses

11 May 2020, Published under Cement News

In May 2019 LafargeHolcim signed an agreement with San Miguel Corp for the sale of its entire 85.7 per cent shareholding in Holcim Philippines Inc, subject approvals, including those required by the Philippines Competition Authority (PCC).   The PCC did not issue an approval of the transaction within the required time period and consequently the agreement lapsed.   With today's unprecedented COVID-19 crisis, Holcim Philippines' number-one priority is to protect the health of its people while...