Lafarge sells gypsum businesses

摘要

Lafarge has sold its gypsum business in three separate transactions for a total of € 1.55 billion (US$ 2.25 billion). In the biggest deal, Belgian company Etex has agreed to acquire its European and South American gypsum assets, which are valued at € 1 billion (US$ 1.45 billion). The agreement will see Lafarge receive € 850 million (US$ 1.23 billion) in net cash together with a 20% interest in the combined European and South American gypsum businesses of both groups. Lafarge has a put option to sell the remaining stake to Etex after five years.