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

Dalmia withdraws appeal against Lafarge-Holcim merger

The Competition Appellate Tribunal (Compat) accepted Dalmia Cements-' application for withdrawal of its appeal to challenge the proposed merger of Lafarge and Holcim in India. The Competition Commission of India (CCI), in response, implored Compat to impose costs on Dalmia for its wasted time. Compat refrained from levying costs, but waved a green flag for the Larfarge-Holcim merger to proceed.
Contact: Dalmia Bharat Cement.
Tel: 011-2331 0121.
Fax: 011-2331 3303.
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