Lafarge and Holcim Agree on Eric Olsen to Lead Post-Merger Company
Lafarge CEO Bruno Lafont loses out, as companies work out differences over their marriage
PARIS—France’s Lafarge SA and Swiss rival Holcim Ltd. agreed on Wednesday to name Eric Olsen, a Lafarge executive, as head of the globe-spanning cement giant their $44 billion merger will create, according to a person familiar with the matter.
The agreement removes an obstacle to shareholder approval of the deal, after a protracted fight that...
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