Squeeze-out of Dyckerhoff's minority interests recorded
Today the resolution passed by Dyckerhoff’s Annual General Meeting on July 12, 2013, which approved the squeeze-out initiated by Buzzi Unicem for the transfer of all outstanding ordinary and preferred Dyckerhoff shares still held by minority shareholders, was recorded in the Commercial Register in Germany.
Consequently, the transfer of the shares has become effective and as from today Buzzi Unicem holds 100% of Dyckerhoff AG’s share capital. The stock exchange listing of the Dyckerhoff shares will be terminated shortly.
The payment to the minority shareholders of the cash compensation equal to €47.16 per share (for a total amount of €65.3 million) is expected to take place on August 30, 2013.
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