LafargeHolcim Names New CFO

Géraldine Picaud

LafargeHolcim announced the appointment of Géraldine Picaud as chief financial officer and member of the executive committee, effective Feb. 1, 2018. Current CFO Ron Wirahadiraksa has “decided to pursue opportunities outside the group,” according to the company, but will remain in his role to provide a smooth handover to Picaud in due course.

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Bidding War for Ash Grove Cement

Overland Park, Kan.-based Ash Grove Cement Co. received a preliminary, non-binding competing proposal from a third party – rumored to be Summit Materials – to acquire Ash Grove at an indicated enterprise value of $3.7 billion to $3.8 billion. The company currently has an Agreement and Plan of Merger with CRH plc, under which CRH will acquire Ash Grove for…

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