Buzzi Unicem completes buy-out of Dyckerhoff shares

Buzzi Unicem said on Tuesday that the squeeze-out of all outstanding ordinary and preferred shares in German-based Dyckerhoff AG still held by minority shareholders was recorded in the Commercial Register in Germany.

As a result, as of 27 August 2013, the Italian cement major holds 100 per cent of Dyckerhoff.

The payment to the minority shareholders of the cash compensation equal to EUR47.16 per share for a total EUR65.3m is expected to be carried out on 30 August 2013.

The stock exchange listing of the Dyckerhoff shares will be terminated shortly.