1.US-headquartered silicones company Momentive Performance Materials is acquiring KCC Corporation(KCC)'s silicones business in South Korea and the UK as well as its sales operations in China.The acquisition will move the capabilities of KCC's silicones business from KCC Corporation,Momentive's majority shareholder,to Momentive,consolidating the companies’combined capabilities.2.Switzerland-headquartered building materials specialist LafargeHolcim is acquiring US-based commercial roofing and building envelope solutions company Firestone Building Products(FSBP)for US$ 3.4 billion.Founded in 1980,FSBP is a business unit of Bridgestone Americas and part of Tokyo-based tyre maker Bridgestone Corporation.The acquisition is expected to strengthen LafargeHolcim's biggest market,the US,establishing a new growth profile,reaching US$6 billion in annual net sales.LafargeHolcim also aims to swiftly globalise the business,leveraging its European and Latin American footprint.
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