Lafarge to Launch a Cash Tender Offer for the Outstanding 46.8% Minority Stake in Lafarge North America

From: CCNMatthews Newswire | Date: February 6, 2006 | Copyright information

PARIS--(CCNMatthews - Feb 6, 2006) -

Lafarge (EURONEXT:LG)(NYSE:LR) , the world leader in building materials, and owner of a 53.2% stake in Lafarge North America (NYSE:LAF)(TSX:LAF), today announced its intention to launch a cash tender offer (the "Offer") for the remaining 46.8% minority stake it does not own. Lafarge intends to offer Lafarge North America shareholders US$75 in cash for each Lafarge North America share they hold, representing a 16.7% premium over Lafarge North America's closing stock price on February 3, 2006, and a 31.0% premium over Lafarge North America's average closing ...

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