Europe: 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.
LafargeHolcim offers Euro60/share in Lafarge squeeze-out
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