-- Swiss cement-maker LafargeHolcim Ltd. (LHN.EB) has decided against bidding for BASF SE's (BAS.XE) construction chemicals unit, said Bloomberg, citing unidentified sources.

-- LafargeHolcim had concerns about how long it would take for the execution of the sale, which could potentially hurt the integration of the business, the media organization reported.

-- LafargeHolcim was the last suitor pursuing the business due to BASF's disappointing outlook, Bloomberg said.

Full story: https://bloom.bg/2Ox4UW2

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(END) Dow Jones Newswires

October 10, 2019 02:40 ET (06:40 GMT)

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