) has decided to keep its $2.15 billion Philippines business after a deal to sell the operation collapsed, the world’s biggest cement maker said on Monday.
“With today’s unprecedented global health crisis, the world has changed dramatically,” LafargeHolcim said of its strategy switch. It also had ample liquidity to cover its obligations with 8 billion francs in cash and unused committed credit lines, it added. LafargeHolcim announced the sale of its entire 85.7% stake to industrial group San Miguel in May 2019 and was expected to complete the transaction by the end of 2019.
i am very HOOOORNY, please accompany me to sleep? 🤷
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
LafargeHolcim's deal to sell Philippines business collapsesLafargeHolcim's deal to sell its Philippines business, valued at $2.15 billion, has failed after the country's competition authority did not give approval in time. Хорошая новость
Source: Reuters - 🏆 2. / 97 Read more »
How This Small Business Owner Uses Instagram To Keep Her Fitness Community ThrivingBurn CEO and Founder, Lisa Corsello shares how small business owners can leverage digital communities during this time. A big Thank to internet!! How’ d people get through flu pandemic in 1928 without technology. Probably two things were what the government suggested people to do——Drink water and sleep. But is she actually making money, or just ‘connecting’ through Instagram? I hope it’s the former.
Source: Forbes - 🏆 394. / 53 Read more »
How Latino small business owners are keeping their businesses running during coronavirusHere's how Latino small business owners are keeping their businesses running during coronavirus. investinyou (In partnership with acorns.)
Source: CNBC - 🏆 12. / 72 Read more »
Cash flow is 'more important than ever' while PPP loans stall—here's how small business credit cards can helpA credit card can keep your small business afloat when cash flow is interrupted or the economic future is unclear, as many are finding out during the coronavirus pandemic. IndoBusiness Longer term will people max cards and then default driving the stock down? Let us know ; )
Source: CNBC - 🏆 12. / 72 Read more »