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Cement giant Holcim's shares soar after N. America spinoff news

Shares in Swiss construction giant Holcim surged on Monday after it announced plans to fully spin off its North America business.The hike came a day after the company announced plans to list its North American business in the United States during the first half of 2025 "with full capital market separation".
United States Jan Jenisch Mark Diethelm Miljan Gutovic North America North American
Source: yahoo.com

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Cement giant Holcim's shares soar after North America spinoff news

ZURICH (AFP) – Shares in Swiss construction giant Holcim surged yesterday after it announced plans to fully spin off its North America business. Holcim’s share price jumped more than five per cent at the open on the Swiss stock exchange before paring back some gains to trade 4.8 per cent higher at CHF67.28 (USD78.13) in […]
United States Mark Diethelm Miljan Gutovic Jan Jenisch North America North American

Holcim takes 'rock star' North American business to Wall Street

Holcim Chief Executive Jan Jenisch on Monday described his company's North American operation, which the Swiss building materials firm plans to spin off next year, as a "rock star business." Holcim on Sunday announced it was spinning off 100% of its North American business in the biggest shake-up at the cement maker since it bought French rival Lafarge in 2015. The division, which now has sales of $11 billion has been a star performer for Holcim in recent years, increasing its s...
United States White House District Of Columbia New York John Revill Jan Jenisch
Source: yahoo.com

Cement giant Holcim's shares soar after N. America spinoff news

Shares in Swiss construction giant Holcim surged on Monday after it announced plans to fully spin off its North America business. The hike came a day after the company announced plans to list its North American business in the United States during the first half of 2025 "with full capital market separation".
United States Miljan Gutovic Mark Diethelm Jan Jenisch North America Leaders Awards Present Entrepreneurs
Source: legit.ng

Holcim shares indicated 7.1% higher after North American listing plan

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.
United States New York Martin Hueseler John Revill Miljan Gutovic Mark Diethelm
Source: yahoo.com

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