Lafarge Republic Inc. (LRI), the local arm of international cement giant Lafarge S.A., is negotiating the sale of some subsidiaries to Holcim Philippines Inc. (HPI) in line with the global merger of Lafarge S.A. and Holcim Ltd.
In a disclosure to the Philippine Stock Exchange, LRI said its board of directors authorized the study, consideration and negotiation of the sale of some of its assets to HPI.
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