The Traderszone Network

Published in TZ Latest News 5 April, 2015 by The TZ Newswire Staff

Holcim looked at HeidelbergCement before Lafarge deal: newspaper

Holcim (HOLN.VX) looked at buying Germany’s HeidelbergCement (HEIG.DE) towards the end of 2013 before agreeing to merge with France’s Lafarge (LAFP.PA), a Swiss newspaper reported on Sunday, citing two sources. Then-Holcim chairman Rolf Soiron spoke with HeidelbergCement’s biggest shareholder, Ludwig Merckle, who owns around 25 percent of HeidelbergCement shares through the family-run Spohn Cement, the SonntagsZeitung newspaper reported. “Right before the talks with Lafarge, Soiron discussed a merger with Heidelberg,” the Swiss newspaper quoted one of the sources as saying.

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