Lafarge to sell North American gypsum unit to PE firm Lone Star for $700 mn

French cement giant Lafarge yesterday agreed to sell its North American gypsum unit to private equity firm Lone Star for $700 million as part of its plan to divest non-core assets and reduce debt.

French cement giant Lafarge yesterday agreed to sell its North American gypsum unit to private equity firm Lone Star for $700 million as part of its plan to divest non-core assets and reduce debt.

[via Domain-b M&A]

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