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News Lafarge sells 14% stake in India for Euro200m

Lafarge sells 14% stake in India for Euro200m

Written by Global Cement staff 15 May 2013
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India: Lafarge has signed an agreement to sell a 14% minority stake in its Indian subsidiary, Lafarge India, for Euro200m to Baring Private Equity Asia. The transaction, which is subject to the approval of local regulatory authorities, is intended to accelerate Lafarge's growth plans in India in all its product lines, inlcuding cement, aggregates and concrete.

Published in Global Cement News
Tagged under
  • India
  • Lafarge
  • Sales
  • Stake
  • GCW100

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