LafargeHolcim completes squeeze-out of Lafarge S A

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Switzerland: LafargeHolcim has successfully implemented the squeeze-out of Lafarge S A. With this, the shares of Lafarge S A are now delisted from Euronext Paris. The completion marks an important and 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% of the share capital and voting rights of Lafarge S A. Following the re-opened offer period, LafargeHolcim Ltd already held 96.41% of the share capital and at least 95.25% of the voting rights of Lafarge S A.

LafargeHolcim had offered the remaining shareholders of Lafarge S A a cash indemnification of Euro60 for each Lafarge S A share (net of costs) or a share indemnification of 9.45 newly-issued LafargeHolcim Ltd shares for 10 Lafarge S A shares. In this context, LafargeHolcim has issued a total of 633,776 registered shares with a nominal value of Euro1.85 each from authorised capital and acquired 10,086,921 shares of Lafarge S A for Euro60 each.

Last modified on 28 October 2015


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