Lafarge Cementos starts public offer for Heracles Cement shares

Lafarge Cementos has opened the public offer to Heracles Cement's shareholders for acquiring Heracles’ common nominal voting shares for €1.23 (US$1.31) a share, in cash. Heracles is a Greek cement, concrete and aggregates company. The offer, which was submitted for approval on 30 July, 2015, has been cleared by the Greek Capital Market Commission. The offer will be open until 11 December, 2015, following which Lafarge will call a general shareholders' meeting to approve the plan for delisting Hera
November 19, 2015 Read time: 1 min

725 Lafarge Cementos has opened the public offer to Heracles Cement's shareholders for acquiring Heracles’ common nominal voting shares for €1.23 (US$1.31) a share, in cash.

Heracles is a Greek cement, concrete and aggregates company.

The offer, which was submitted for approval on 30 July, 2015, has been cleared by the Greek Capital Market Commission.

The offer will be open until 11 December, 2015, following which Lafarge will call a general shareholders' meeting to approve the plan for delisting Heracles from the Athens Stock Exchange.

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