Ciments Français: Paris stock exchange delisting

Ciments Français: Paris stock exchange delisting
16 June 2014

The offer of voluntary actions to buy Ciments Français shares at the price of EUR79.50 promoted by Italcementi, was approved by the AMF on 10 June and will run from 13 June until 3 July 2014.

The offer, as previously announced, is aimed at delisting of the shares of Ciments Français from the Paris Stock Exchange. Therefore, if the tender offer results in Italcementi holding a stake of more than 95 per cent of the share capital and voting rights of Ciments Français, this will initiate a 'squeeze-out' of the remaining Ciment Français shares at a price of EUR79.50, corresponding to the offer. In this case, this process will take place within three months from the closing of the offering.

All documents relating to the offer are available on the website

Published under Cement News

Tagged Under: Ciments Francais Italcementi