Holcim nears deal to separate North American business, worth over $30bn, for potential US public listing.

Swiss building materials giant Holcim is reportedly close to finalizing a deal to separate its North American business, which could be worth over $30 billion. The Wall Street Journal cited unidentified sources with knowledge of the plans. The separation could potentially lead to a public listing of the North American business in the US, offering a more attractive valuation and providing funding for future acquisitions using Holcim's own stock.

January 27, 2024
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