1. Significant events of the period

The financial position and performance of the Group were particularly affected by the following events and transactions during the reporting period:

  • The merger between Holcim and Lafarge announced publicly on April 7, 2014 and effected on July 10, 2015 for a total consideration of CHF 19.5 billion (see note 4);
  • The divestments of a number of entities, businesses and assets, carried out as part of a rebalancing of the global portfolio of the combined group resulting from the merger and to address regulatory concerns, for a total proceeds amount of CHF 6.4 billion (see note 4 and note 10);
  • The completion, on October 23, 2015 of the squeeze-out procedures initiated on the remaining Lafarge S.A. shares resulting in the delisting of these shares from Euronext Paris (see note 4);
  • An impairment charge of CHF 2.7 billion (see note 9, note 22 and note 23); and
  • The repurchase of several outstanding bonds issued by LafargeHolcim representing an aggregated nominal amount of CHF 3.0 billion (see note 25).