Feb. 22, 2011 – Mining group Anglo American plc's consent to a merger of Tarmac UK with the UK business of cement maker Lafarge in a £3-billion deal is likely lead to an inquiry from competition regulators, according to analysts.
Anglo had bought Tarmac U.K. as part of the larger Tarmac group in 2000.
The 50:50 joint venture would create a cement, aggregates, concrete and asphalt business generating £1.8billion in revenues with a workforce of 7,300. | READ MORE
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