News
Anglo’s deal with Lafarge likely to attract scrutiny

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.

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