Holcim Cesko buy-out bid

Holcim Cesko buy-out bid
22 August 2005


Holcim plans, which controls 96 per cent in its Czech unit Holcim Cesko, will launch a buyout bid for the remaining shares in the company, it was announced on August 16, 2005.  Holcim will offer Holcim Cesko shareholders 2328 crowns ($100/80 euro) per share.  Holcim Cesko’s extraordinary shareholders’ meeting will discuss the bid at the end of August, 2005.  Holcim owns the Czech company through its German unit Breitenburger Auslandbeteiligungs GmbH.  Published under Cement News