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Deals Rumor Mill: Elementia, VistaJet, Hony Capital

By Chelsea Naso ( July 14, 2014, 4:15 PM EDT) -- Mexican cement maker Elementia SA de CV, which is backed by billionaires Carlos Slim and Antonio del Valle, is said to be in talks to buy out partner Lafarge SA's 47 percent stake in their Mexican joint venture, a deal that would help Lafarge avoid competing with itself following a $40 billion merger with Holcim Ltd., sources told Bloomberg on Monday. The stake could be valued at as much as $500 million, but likely won't fetch that much because the cement maker has limited bargaining power. ...

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