Etex to acquire Lafarge assets in Europe and South America

摘要

World: In the first major gypsum deal since the onset ofthe recession, on 14 July2011 Lafarge announced that is would sell its gypsum interests in Europe and South America to the Belgian Etex Group, its current joint-venture partner in South America. Under the proposed agreement, Lafarge would receive net cash proceeds of approximately Euro850m and in addition would receive a 20% interest in the new partnership. The partnership would combine the European and South American Gypsum activities of both groups.