CRH Update on Lafarge & Holcim Transaction

RNS Number : 2907O

CRH PLC

26 May 2015

 



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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 ([phone]):

Frank Heisterkamp; Head of Investor Relations

CRH plc, Belgard Castle, Clondalkin, Dublin 22, Ireland TELEPHONE [phone]  FAX [phone] E-MAIL: [e-mail]   WEBSITE: www.crh.com   Registered Office, 42 Fitzwilliam Square, Dublin 2, Ireland

 

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