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LafargeHolcim offers Euro60/share in Lafarge squeeze-out
LafargeHolcim has announced that it will pay Lafarge minority shareholders Euro60/share in a planned squeeze-out. As an alternative, the minority shareholders have the option to receive 9.45 new LafargeHolcim shares per 10 Lafarge shares. The transaction still needs to be approved by France s Financial Markets Authority (AMF). Provided that the regulator approves the process, the squeeze-out will take place in October 2015. Lafarge s shares are then expected to be delisted from Euronext Paris on 23 October 2015.
Global cement
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Sep ,15 ,2015
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