10 May 2020

LafargeHolcim Ltd.’s divestment of shareholdings in Holcim Philippines, Inc.

Partner Norma Margarita B. Patacsil from Gatmaytan Yap Patacsil Gutierrez & Protacio (C&G Law) advised LafargeHolcim Ltd. (LH) and Holcim Philippines, Inc. (HPI) on LH’s US$2.15 billion divestment of its entire shareholdings in HPI, in relation to the corporate/commercial, regulatory, and competition law aspects of the transaction. Unfortunately, the deal ultimately did not proceed because the deal lapsed before the approval of the Philippine Competition Commission could be obtained.