Holcim shares were indicated to open significantly higher in premarket activity on the Swiss stock exchange on Monday after the building materials giant unveiled plans to separate and list its.
Holcim Jumps On $30Bn Plan To Spin Off North American Unit menafn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from menafn.com Daily Mail and Mail on Sunday newspapers.
Holcim, one of the world's biggest cement makers, plans to spin off its North American operations in a flotation which could value the business at $30 billion.
Holcim shares were indicated to open significantly higher in premarket activity on the Swiss stock exchange on Monday after the building materials giant unveiled plans to separate and list its North American business. The company's shares were indicated 7.09% higher according to premarket information from Julius Baer. Holcim on Sunday said it will spin off 100% of its North American operations in a New York flotation which could value the business at $30 billion.