Deals
Lafarge Investor Skepticism Surges as Holcim Merger Threatened
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As Holcim Ltd. seeks better terms for its planned deal with Lafarge SA, fading confidence that the world’s biggest cement merger will happen is pushing investors to protect their money.
The cost of bearish Lafarge contracts jumped to an almost two-year high versus bullish options on Monday, data compiled by Bloomberg show. The stock slumped the most since November 2011 and lost another 2.5 percent on Tuesday.