Back to press releases
  • Press release

BNP-PARIBAS Group is arranging the financing for two new acquisitions.

Together with DRESDNER KLEINWORT BENSON, BNP-PARIBAS Group has advised LAFARGE for its take over offer on a British cement company BLUE CIRCLE.

BNP-PARIBAS Group and DKB will arrange an equity issue and a syndicated facility to finance this GBP 3.4 billion acquisition.

On the same day, SAINT-GOBAIN has launched a take over bid on MEYER INTERNATIONAL, plc. This debt financing, for an amount of GBP 1 billion, is jointly arranged by BNP-PARIBAS and CHASE.

In the last two years, BNP and PARIBAS have arranged and structured most of the major financings relating to acquisition of British companies by French corporates. Dynamics resulting from the new Group allows for an immediate consolidation of its leading position on major acquisition financings.


Among those completed or under process:

BRITISH OXYGEN by AIR LIQUIDE

ALBRIGHT AND WILSON by RHODIA

ROYAL GUARDIAN EXCHANGE by AXA

REDLAND by LAFARGE

DE LA RUE CARDS by OBERTHUR

SERVICE AIR by PENAUILLE


BNP-PARIBAS Group will continue to provide its large corporate customers, French or non-French, with its know-how and its structuring and arranging capacity to help them to implement their external growth strategy.