India: As part of the implementation in India of its planned merger with Holcim, and subject to the completion of the same merger, Lafarge has signed an agreement to acquire the 14% stake held by Baring in Lafarge India for Euro270m. Following this transaction, subject to the approval of the regulatory authorities, Lafarge will hold 100% of the shares of Lafarge India.
Lafarge agrees to buy out Baring stake in Lafarge India
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