LafargeHolcim completes squeeze-out of Lafarge SA

LafargeHolcim has implemented the squeeze-out of Lafarge SA. With this the shares of Lafarge SA are now delisted from Euronext Paris.

The completion marks the final step in the merger process of the group’s legacy companies and allows LafargeHolcim to continue focusing on delivering the synergies and progress with the integration.

With the successful squeeze-out LafargeHolcim Ltd now owns 100 percent of the share capital and voting rights of Lafarge SA. Following the re-opened offer period LafargeHolcim Ltd already held 96.41 percent of the share capital and at least 95.25 percent of the voting rights of Lafarge SA,” the company said.

LafargeHolcim had offered the remaining shareholders of Lafarge SA. a cash indemnification of €60 per each Lafarge SA share (net of costs) or as an alternative a share indemnification of 9.45 newly issued LafargeHolcim Ltd shares for 10 Lafarge SA shares.

In this context, LafargeHolcim has issued a total of 633,776 registered shares with a nominal value of CHF 2 each from authorized capital and acquired 10,086,921 shares of Lafarge SA for €60 each.
 
Source

(Visited 76 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.