Lafarge to sell roofing business for $2.61 billion

Article Abstract:

Lafarge S.A. of France is to divest its roofing business to PAI Partners also of France for 1.96 billion Euros ($2.61 billion). The private equity firm will assume 420 million Euros in debt and pension committments. Lafarge S.A. is consolidating its cement and core businesses.

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Danone may sell cookie division for $7.22 billion

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France's Danone Group will sell its cookie unit to US firm Kraft Foods Inc. for $7.22 bil, announcing that it plans to focus on products with a health-based emphasis. The deal enables Kraft to expand its European market.

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Legardiere agrees to buy Sportfire for $1.11 billion

Article Abstract:

Legardiere SCA of France is to purchase Sportfive, a Franco-German interest for 865 million Euros ($1.11 billion). Sportfive owns marketing and televised rights to soccer tournaments in Europe and Germany.

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