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Europe Daily Bulletin No. 7948

20 April 2001
Contents Publication in full By article 38 / 43
ECONOMIC INTERPENETRATION / (eu) cement

Three of the world's largest cement manufacturers have been chosen as potential purchasers of Indian's top cement firm L&T - LARSEN & TTOURBO. They are France's LAFARGE, Switzerland's HOLDERBANK and Mexico's CEMEX. The three groups are currently examining the Indian company's accounts before making their bids. The taker should be chosen within two months. L&T decided last year to rid itself of its cement business, as unprofitable, to set up an independent company and sell 25% of the capital...

Contents

A LOOK BEHIND THE NEWS
THE DAY IN POLITICS
GENERAL NEWS
ECONOMIC INTERPENETRATION