According to the filing, on the same date, the voting stake of Sawiris and the holding companies increased to 12.17%.
The purchase of the shares, which were sold at EUR125 per share, was approved by Lafarge shareholders at a meeting Jan. 18 in order to finance Lafarge’s purchase of Orascom Construction Industries’ cement group.
The Sawiris family owns Orascom Construction Industries and Nassef Sawiris acts as a representative of its founding shareholders.
