Lafarge submits offer for remaining stake in Greece’s Heracles

LafargeHolcim, the world’s biggest cement maker, on Friday offered to buy out the shares it does not own in Greek peer Heracles.

LafargeHolcim owns about 90 percent of Heracles and under Greek law was required to make a squeeze-out offer for the remaining stake.

The newly merged group will pay 1.23 euros a share for the remaining 11 percent stake in Heracles or about 9.6 million euros, according to Reuters calculations.

Source

(Visited 74 times, 1 visits today)

Get involved

Register

As a member of this site you will be able to receive aggregates news relating only to those categories that are most relevant to you, submit job listings for FREE, post questions in the Q&A, and more.

Register Now

Feature your company

The Feature Your Company listing is your custom-made (by us) profile page that allows you to add any of the following content: text, videos, links, images. The page will also be listed on the Featured Company landing page. Over 560 unique aggregates users visit the site per day! Complete the enquiry form now to contact us.

Contact us

Jobs

Are you looking for an aggregate related job? Click here to see our jobs listing supplied by industry experts United Employment.

See Jobs

Advertise

Reach thousands of budget holders and decision makers by promoting your company on the longest established aggregate website in the US & Canada. Or advertise in our emails which are sent to opted-in subscribers according to their chosen categories. All advertising will display correctly on tablets and mobiles as this site is responsive.