LafargeHolcim : Bye Holcim Indonesia!
>Disposal of 80% of Indonesian operations for CHFÂ 1.4bn - LafargeHolcim has announced an agreement with Semen Indonesia with a view to selling its entire 80.6 % stake in Holcim Indonesia at an enterprise value of $Â 1.75bn for 100% of the company (i.e. CHFÂ 1.4bn for LafargeHolcim). Semen Indonesia is the market leader in Indonesia and had been mentioned as a potential buyer (we found the scenario of asset-sharing between Semen Indonesia and Indocement credible given th...LafargeHolcim is a producer of cement and aggregates. Co. also supplies ready-mix concrete, concrete products, asphalt and a range of services. Co. operates through three segments: cement, aggregates, and other construction materials and services. Co.'s cement segment provides a range of cementitious materials and also develops customized blends for special applications. Through its aggregates segment, Co. produces aggregates which include crushed stone, gravel and sand mainly used in the manufacture of ready-mix concrete, concrete products and asphalt, as well as for road building and railway tracks, with production centered on quarrying, preparing and sorting the raw material.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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