Cemex's plan to buy Holcim's Spanish units faces EU objection

Cemex's plan to buy out Swiss construction supplier Holcim's Spanish units has been objected by the European Union's antitrust regulator, with concerns over competition in the grey cement market.

“Cemexs plan to buy out Swiss construction supplier Holcims Spanish units has been objected by the European Unions antitrust regulator according to a source of Reuters.”constructiondigital.com

• 2 sources
• constructiondigital.comCemex Holcim Acquisition Hits European Commission Barrier | Construction DigitalMay 16, 2020
• businesschief.euCemex-Holcim Spain Deal Cleared by EU as $50 Billion Lafarge-Holcim Merger Looms | Business Chief UK & EuropeAnnifer JacksonMay 19, 2020

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