LafargeHolcim: Public exchange offer completed successfully
Lafarge shareholders’ positive response to offer paves the way towards completion of merger
THE Autorité des marchés financiers (AMF) has today published the interim results of the public exchange offer initiated by Holcim Ltd for the shares of Lafarge SA.
As of 7 July 2015, a total of 252,230,673 shares, representing 87.46% of the share capital and at least 81.47% of the voting rights of Lafarge SA, have been tendered to the offer, reflecting the confidence of shareholders in the future company.
The success of the offer was subject to the condition that a minimum acceptance threshold of two-thirds of Lafarge’s share capital or voting rights be reached by Holcim Ltd.
Both Lafarge and Holcim say they are very pleased with this positive outcome, which paves the way towards completion of the merger.
The final results of the public exchange offer will be published by the AMF on Thursday 9 July.