OCI/Lafarge transaction completion

OCI/Lafarge transaction completion
Published: 24 January 2008

Lafarge and Orascom Construction Industries have today completed the acquisition of Orascom Cement by Lafarge, announced on December 10, 2007.

Lafarge now owns 100% of Orascom Cement.

The reserved capital increase approved at the Lafarge shareholders’ meeting on January 18 will be carried out by the end of the first quarter 2008. 

This follows the announcement for the divestment of the Cement Group dated 10 December 2007