LafargeHolcim gets approval for divestment plan
Swiss cement manufacturing major LafargeHolcim has got an approval from fair trade regulator Competition Commission of India (CCI) for its divestment plan in Lafarge India including three cement plants and two grinding stations. Reportedly, the divestment plan is critical for CCI's approval for Lafarge's $45.8 billion tie-up with Holcim, which took place in July last year.