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Construction : Cement Update | June 2016 | Source : CW-India

CCI appoints French audit firm Mazars to monitor asset sale process of Lafarge India

French audit firm Mazars has been appointed by the Competition Commission of India (CCI) to monitor the divestment of French cement company Lafarge-'s India operations. To ensure smooth handling of regulatory procedures over its multi-billion dollar merger with Swiss Holcim last year, Mazars will make sure that the proposed asset sale of Lafarge India does not have any adverse effect on competition in the Indian cement market. It will also aid in the abiding of laws under the Competition Act of 2002.
Contact: Competition
Commission of India.
Tel: 011-2347 3400.
Fax: 011-2370 4686.
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