M&A Activity • Nov 3, 2014
M&A Activity
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Ad-hoc | 3 November 2014 08:32
HeidelbergCement AG: Refrain from bidding process for assets of Lafarge and Holcim
HeidelbergCement AG / Key word(s): Letter of Intent
03.11.2014 08:32
Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
After a thorough analysis, HeidelbergCement has decided to refrain from the
ongoing bidding process for the assets offered for sale of Lafarge and
Holcim in the frame of its merger proceedings. The company intends to use
the anticipated proceeds from the announced sale of its building products
business in North America and United Kingdom for debt reduction and for its
own high quality growth projects.
Heidelberg, 3 November 2014
The Managing Board
03.11.2014 The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
Language: English
Company: HeidelbergCement AG
Berliner Straße 6
69120 Heidelberg
Germany
Phone: +49 (0)6221 481-0
Fax: +49 (0)6221 481-13217
E-mail: [email protected]
Internet: www.heidelbergcement.com
ISIN: DE0006047004
WKN: 604700
Indices: DAX30
Listed: Regulierter Markt in Düsseldorf, Frankfurt (Prime Standard),
München, Stuttgart; Freiverkehr in Berlin, Hamburg, Hannover
End of Announcement DGAP News-Service
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