Holcim won EU antitrust approval for its €1.85 billion acquisition of German walling systems maker Xella after agreeing to divest a Romanian business. The decision clears a major regulatory hurdle for the deal and reduces execution risk. The news is modestly positive for Holcim and relevant for European construction materials consolidation.
Holcim won EU antitrust approval for its €1.85 billion acquisition of German walling systems maker Xella after agreeing to divest a Romanian business. The decision clears a major regulatory hurdle for the deal and reduces execution risk. The news is modestly positive for Holcim and relevant for European construction materials consolidation.
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mildly positive
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