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Lafarge, Holcim confirm merger discussions

April 4, 2014  By Rock to Road


April 4, 2014, Paris/Zurich – Holcim and Lafarge have
confirmed today that the two companies are discussing a potential opportunity
to merge. Both companies issued separate statements confirming the rumours
that talks have been ongoing. However, neither stated that a deal was imminent.

April 4, 2014, Paris/Zurich – Holcim and Lafarge have
confirmed today that the two companies are discussing a potential opportunity
to merge. Both companies issued separate statements confirming the rumours
that talks have been ongoing. However, neither stated that a deal was imminent.

 

Here are the two statements released by the companies:

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Holcim

Holcim confirms that Lafarge and Holcim are in advanced
discussions regarding a possible combination. Holcim and Lafarge believe that,
given the strong complementarity of their portfolio and the cultural proximity
between the two companies, there is rationale in considering a potential merger
that could deliver significant benefits to customers, employees and
shareholders.

 

The discussions are based on principles consistent with a
merger of equals, which build on the strengths and identities of the two companies.

 

No agreement has yet been reached and no assurance can be
given that these discussions will lead to a definitive agreement. Holcim will
inform the public of any material developments in this respect.

 

Lafarge

Lafarge and Holcim believe that, given the strong
complementarity of their portfolio and the cultural proximity between the two
companies, there is rationale in considering a potential merger that could
deliver significant benefits to customers, employees and shareholders.

 

The discussions are based on principles consistent with a
merger of equals, which build on the strengths and identities of the two
companies.

 

No agreement has yet been reached and no assurance can be
given that these discussions will lead to a definitive agreement. Lafarge will
inform the public of any material developments in this respect.


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