CRH, PE firms mull bids for entire Lafarge-Holcim portfolio -sources

jueves 18 de septiembre de 2014 12:31 GYT

* CRH exploring bid for all of assets put for sale -sources

* Four private equity consortia also set to bid -sources

* Bids would value assets at 5-7 bln euros -sources

By Arno Schuetze

LONDON, Sept 18 (Reuters) - Irish cement maker CRH is exploring a bid for all the assets rivals Lafarge and Holcim must sell to steer their mega-merger past competition watchdogs, two sources familiar with the matter told Reuters.

Four consortia of private equity firms are also eyeing the whole portfolio, with bids valuing the assets at 5 billion to 7 billion euros ($6.5 billion-$9 billion) expected soon, the sources said.

Blackstone, Cinven and Canadian pension fund CPP are set to bid jointly for the assets, while Advent and BC Partners form another consortium, said three sources familiar with the matter.

Two sources said CVC was teaming up with three other limited partners. Bain, Onex and another limited partner form the fourth consortium, the sources said.

A spokeswoman for CRH said the company does not comment on market speculation.   Continuación...