26th May 2015 17:39
LONDON (Alliance News) - CRH PLC Tuesday said that Lafarge SA and Holcim Ltd have accepted its offer to buy assets from them for EUR6.5 billion including debt and are now legally bound to the terms of the acquisition.
"The acquisition remains conditional upon successful completion of the merger of Lafarge and Holcim as well as the completion of local asset reorganisations. The acquisition is expected to complete in the second half of 2015," CRH said in a statement.
CRH shares closed down 3.1% at 1,776.00 pence.
By Samuel Agini; [email protected]; @samuelagini
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