Irish building materials firm, CRH, has confirmed it is in discussions to acquire "certain assets" of Lafarge and Holcim in advance of their proposed merger.

In a statement CRH said: "While there can be no certainty that these discussions will result in a transaction, if an acquisition was to proceed, it is likely that it would be funded through a combination of existing cash balances, debt and an equity placing. At this stage there can be no certainty that these discussions will lead to any transaction."

-- Advertisement --

(CD/IT)