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LafargeHolcim signed an agreement to sell its interest in Holcim Lanka to Siam City Cement for an enterprise value of $400 million. Holcim Lanka operates an integrated plant and a grinding plant in Sri Lanka.
“LafargeHolcim has announced that it has signed an agreement with Siam City Cement Public Company Limited for the divestment of its interest in Holcim Lanka for an enterprise value of $400 million.”indiancementreview.com
Summarized from public sources; check the original articles before acting on it.