 |
| Source: Wall Street Journal |
NOTES:
- Currently moving sideways and price is near resistance area.
LATEST NEWS:
Aboitiz Equity Ventures, Inc. formalized a deal with Irish cement maker CRH Plc. to buy the Philippine assets of Lafarge SA. Both firms will invest in holding companies (with Aboitiz shelling out Php24Bil) for this purpose, with the assets including cement production and other cement-related businesses and services. CRH previously announced it would buy some of Lafarge’s assets for EUR6.5Mil after the latter agreed to merge with Holcim, another firm in the cement business. Aboitiz’s transaction with CRH is expected to be completed by 2H15, subject to conditions under the merger of Holcim and Lafarge as well as the approval of the global sale of Lafarge assets. (source: BusinessWorld)
No comments:
Post a Comment