Dyckerhoff shareholders approve Buzzi offer

The shareholders' meeting of Dyckerhoff AG gave the go-ahead to the squeeze-out launched by parent company Buzzi Unicem SpA on all outstanding ordinary and preferred Dyckerhoff shares still in the hands of minority shareholders.

Buzzi Unicem's acquisition of the remaining stock of Dyckerhoff and the following cash payment of EUR47.16 per share (for a total amount of EUR65.3m) will become effective with the recording of such shareholders' resolution in the Commercial Register in Germany, both companies confirmed on Friday.