Euro pride attends LafargeHolcim Paris, Zurich stock exchange debuts

Sources: Euronext Paris Exchange; SIX Swiss Exchange, Zurich; CP staff

Officials of the Euro zone’s primary securities exchange bill newly listed LafargeHolcim Ltd. as “a world-scale group with European roots, offer[ing] a unique range of products and services to meet the fast-changing needs of the building industry and the challenges of urban development.” Present in 90 countries with upwards of 115,000 employees, €27 billion ($29.7 billion) in sales and €39 billion ($42.9 billion) market capitalization, Euronext Paris officials add, LafargeHolcim is a company whose “sound financial structure creates value for its shareholders, customers and other stakeholders.”

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Cement, slag plant and terminal asset suitors prepare for timely transactions

Sources: CP staff

The formal closing of the Lafarge S.A. and Holcim Ltd. merger will trigger expedited unloading of U.S. and Canadian cement, aggregate and concrete production and distribution assets valued at $1 billion-plus. Topping the regulator-driven transactions will be the sale of the Holcim (Canada) Inc. business to Oldcastle Inc. parent CRH Plc, and Lafarge North America’s Davenport, Iowa, cement plant and seven-terminal Mississippi River network to Continental Cement Co. parent Summit Materials.

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PCA, Chamber sue EPA, Corps of Engineers over Waters of U.S. rule

Sources: CP staff; Portland Cement Association, Skokie, Ill.

Portland Cement Association, the U.S. Chamber of Commerce and three other plaintiffs are mounting perhaps the most decisive challenge yet to the Environmental Protection Agency’s Waters of the U.S. (WOTUS) final rule, imploring a federal judge to vacate the measure in its entirety.

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