HLCM – LRI Merger

April 30, 2015 at 1:57 pm Leave a comment

Merger to create LafargeHolcim
In March 2015 Holcim and Lafarge reached an agreement on revised terms for their merger, taking another important step forward towards becoming the most advanced company in their industry. The Boards of Directors of both companies agreed on a new exchange ratio of 9 Holcim shares for 10 Lafarge shares. Holcim and Lafarge have also agreed that, subject to shareholder approval, the new company will announce a post-closing scrip dividend of 1 LafargeHolcim share for each 20 existing shares.

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Entry filed under: Phisix's Closet (PSEi).

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