Lafarge has further increased its bid to buy out Lafarge North America Inc. minority shareholders to US$85.50 a share from US$82 earlier, the world’s biggest cement maker said on Monday. It is the second time that Lafarge has increased the offer which represents a 33 per cent premium over LNA’s closing share price on Feb. 3, Lafarge said in a statement. A special committee for Lafarge North America will unanimously recommend minority shareholders accept the higher offer, Lafarge said. Published under Cement News
Lafarge has further increased its bid to buy out Lafarge North America Inc. minority shareholders to US$85.50 a share from US$82 earlier, the world’s biggest cement maker said on Monday. It is the second time that Lafarge has increased the offer which represents a 33 per cent premium over LNA’s closing share price on Feb. 3, Lafarge said in a statement. A special committee for Lafarge North America will unanimously recommend minority shareholders accept the higher offer, Lafarge said. Published under Cement News
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