&nbspAcquisition of Blue Circle by Lafarge approved by the European Commission

03.02.2001
 
 

The acquisition of Blue Circle Industries Plc by Lafarge has been authorized by the European competition authorities .

This authorization from the European Commission, granted without any restrictions, confirms that the acquisition of Blue Circle by Lafarge does not create on the European territory any competition related issues.

The authorizations which are also required from the Canadian and American competition authorities are expected by the summer.

Bertrand Collomb, Chairman and CEO of Lafarge, commented " We welcome with satisfaction this authorization from the European Commission which is another step in the process towards the closing of the Blue Circle acquisition by Lafarge ".

 
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