BRUSSELS (Reuters) - European Union antitrust regulators will rule by April 27 whether to approve Irish cement firm CRH's (I:CRH) plan to buy assets from merging companies Lafarge (PA:LAFP) and Holcim (VX:HOLN), the European Commission said on Thursday.
French Lafarge and Swiss peer Holcim are selling overlapping activities in line with a pledge to the European Commission for clearing their merger to become the world's largest cement producer.
CRH shareholders approved the 6.5-billion-euro (4.66 billion pounds) acquisitions earlier on Thursday that would make it the world's third-biggest building materials supplier.
Holcim and Lafarge are now seeking to salvage their deal amid issues over the leadership of the combined company and the share exchange ratio.