Deal done

24 April 2008

Lafarge has completed the full acquisition of Lafarge North America. The company paid US$ 85,50 (€ 66,80) per share for the 46,8% of Lafarge North America it did not already own. When Lafarge announced its intention to fully acquire Lafarge North America in February, it initially offered US$ 75 (€ 58,60) per share. However, the US company's Board advised shareholders to reject this offer. The acquisition of the 35,3 million outstanding shares ended up costing Lafarge US$ 3,02 billion (€ 2,36 billion), US$ 370 million (€ 288 million) more than it would, had the original offer been accepted.

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