Holcim - Lafarge's Public Exchange Offer Completed Successfully

Byjirong

Updated Thu, 09 Jul 2015 11:21:41 GMT

The Autorité des marchés financiers (the “AMF”) has published the interim results of the public exchange offer initiated by Holcim Ltd for the shares of Lafarge S.A. (the “Offer”).

 As of July 7, 2015, a total of 252,230,673 shares, representing 87.46 percent of the share capital and at least 81.47 percent of the voting rights1 of Lafarge S.A. have been tendered to the Offer. The success of the Offer was subject to the condition that a minimum acceptance threshold of 2/3 of Lafarge’s share capital or voting rights be reached by Holcim Ltd. Final results shall be published by the AMF on July 9, 2015. 

The result reflects the confidence of shareholders in the future company. Both companies are very pleased with this positive outcome as it paves the way towards completion of the merger.