Europe: LafargeHolcim has decided to initiate a squeeze-out process for all issued and outstanding shares of Lafarge. After surpassing the necessary 95% threshold in the share capital and voting rights and following a decision by the board of directors, LafargeHolcim plans to request that the AMF implement a squeeze-out procedure pursuant to their general regulations for Lafarge shares not tendered to the Public Exchange Offer. LafargeHolcim will publish further details on the squeeze-out upon filing with the AMF.
LafargeHolcim to launch squeeze-out for remaining Lafarge shares
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