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CRH Update on Lafarge & Holcim Transaction

26th May 2015 18:30

RNS Number : 2907O
CRH PLC
26 May 2015
 



N E W S R E L E A S E

 

 

 

 

 

 

26 May 2015

 

 

 

CRH Update on Lafarge S.A. and Holcim Ltd. Transaction

 

 

 

 

CRH plc announced on 2 February 2015 that it had entered into a binding offer letter with Lafarge S.A. and Holcim Ltd as part of its acquisition of certain assets from them for an enterprise value of €6.5bn.

 

CRH announces that Lafarge and Holcim have now accepted the offer and have become 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.

 

 

 

 

 

For further information, please contact CRH plc at Dublin (+353 1 404 1000):

 

Frank Heisterkamp; Head of Investor Relations

 

 

 

 

 

 

 

 

 

 

 

 

 

CRH plc, Belgard Castle, Clondalkin, Dublin 22, Ireland TELEPHONE +3531 404 1000  FAX +353 1 404 1007 E-MAIL: mail@crh.com  WEBSITE: www.crh.com  Registered Office, 42 Fitzwilliam Square, Dublin 2, Ireland

This information is provided by RNS
The company news service from the London Stock Exchange
 
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