Holcim and Lafarge Will Sell Some Assets to Complete Deal

May 4, 2015 9:44 PM

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U.S. antitrust regulators say Holcim and Lafarge agreed to sell assets including cement plants and transportation assets to complete their merger, which will make the world's largest cement company.

The Federal Trade Commission says the combination of the two companies would have reduced competition for portland cement, a component of concrete, in many U.S. markets. It also would have reduced competition for a specialty type of cement called slag cement.

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