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Lafarge acquires Orascom Construction Industries Cement Group
(19/12/2007)

The Board of Directors of Lafarge has approved the acquisition by Lafarge of Orascom Construction Industries Cement Group, and the principle of board representation for Groupe Bruxelles Lambert and Nassef Sawiris, majority shareholder with his family of Orascom Construction Industries. This transaction is expected to bring: * A leading position in the Middle East and the Mediterranean Basin * Cement capacity of 35 million tons in 200... [more]

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