Lafarge and Holcim have reportedly been shown the green light from the Competition Commission of Singapore to merge their local operations.
AsiaOne Business website writes that the merger, with Holcim acquiring Lafarge's entire issued share capital, will result in Holcim being renamed LafargeHolcim.
Holcim (Singapore) and Lafarge Cement Singapore overlap in the manufacture and supply of ready-mixed concrete. They also supply grey cement, used to produce mortar and concrete, here.
