LISTED Holcim Philippines Inc. is acquiring the assets of Lafarge Republic Inc. in line with the anticipated merger of the global firms to form the largest cement company in the world.

In a disclosure to the Philippine Stock Exchange (PSE), the company said its board of directors gave Holcim and its subsidiary Holcim Mining and Development Corp. “to make an offer for, and – should the offer be accepted – proceed with the acquisition...”

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