Divestment of gypsum business

Lafarge agreed with Boral to sell them its stake in their Asian Gypsum joint venture LBGA (Lafarge Boral Gypsum Asia) for 429 million € (representing the enterprise value of Lafarge‘s 50%-stake in the joint venture). LBGA is a 50/50 joint venture formed in 2000 between Lafarge and Boral. This deal is expected to be completed before the end of the year. www.lafarge.com

This article appeared in

ZKG 09/2011

This article appeared in

ZKG 09/2011

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