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
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
