Home News Industry News LafargeHolcim reviews divestment plan in India

    LafargeHolcim reviews divestment plan in India

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    LafargeHolcimLafargeHolcim Ltd ‍is considering revised divestment plan in India after talks with Birla Corporation Limited (BCL) for the sale of the Jojobera and Sonadih cement plants in Eastern India fell through. LafargeHolcim announced that it is considering a divestment of its interest in Lafarge India with an annual cement capacity of around 11 million tonnes.

    The divestment would require the approval of the Competition Commission of India (CCI) as an alternate remedy for the merger of the group’s legacy companies, it said, adding talks with CCI continued.

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