CRH bids for €5bn assets offered by merging rivals

CRH has submitted bids for assets put up for sale by cement makers Holcim and Lafarge ahead of their planned merger.

CRH bids for €5bn assets offered by merging rivals
Thu, 15 Jan, 2015 - 00:00
Kiel Porter, Francois de Beaupuy and Aaron Kirchfeld, Bloomberg

Other interested groups include Blackstone and CVC Capital Partners, according to sources.

Blackstone has teamed up with Cinven and Canada Pension Plan Investment Board, while CVC made a bid with Singapore’s sovereign-wealth fund GIC.

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CourtsPlace: SingaporePlace: DublinPlace: ParisOrganisation: CRHOrganisation: HolcimOrganisation: LafargeOrganisation: BlackstoneOrganisation: CVC Capital PartnersOrganisation: CinvenOrganisation: Canada Pension Plan Investment BoardOrganisation: CVCOrganisation: GICOrganisation: CPPIB
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