(IN BRIEF) Holcim plans to fully separate its North American business through a 100% spin-off, listing it on the New York Stock Exchange and reporting under US GAAP, with an additional listing on the SIX Swiss Exchange for European investors. … Read the full press release
Posted in Business, Construction, Industrial, Management, Switzerland
Tagged 100% spin-off, Annual General Meeting, building solutions, ECOCycle, ECOPact, ECOPlanet, ELEVATE, EUROPEAN INVESTORS, growth opportunities, holcim, INNOVATION, May 14 2025, mid-2025, New York Stock Exchange, North American business, NYSE, regulatory approvals, shareholder approval, SIX Swiss Exchange, sustainability, US GAAP, US market
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION (IN WHOLE OR IN PART) IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION US$84 BILLION EXPECTED RETURN TO SHAREHOLDERS £6 BILLION … Read the full press release
Posted in Business, Financial, Investment, Technology, Telecom, United Kingdom
Tagged 13.2x EV / LTM OpFCF, 9.4x EV / LTM EBITDA, Cellco Partnership, Citigroup Global Markets Limited, CRET Depositary Interests, Goldman Sachs International, Kabel Deutschland Holding AG, US GAAP, Verizon, Verizon Business International Holdings B.V., Verizon Communications, Verizon Wireless, vodafone, Vodafone ADR, Vodafone Omnitel N.V., VZW Transaction
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