The Autorité des marchés financiers has published the interim results of the public exchange offer initiated by Holcim Ltd for the shares of Lafarge S.A.
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 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 9 July 2015.
Both companies have expressed their contentment with this positive outcome as it paves the way towards completion of the merger.
Adapted from press release by Joseph Green
