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Holcim ( (CH:HOLN) ) has provided an announcement.
Holcim announced the spin-off of its North American business, Amrize, which will focus exclusively on the North American market. Amrize aims to become the largest provider of building solutions in the region, with a strong growth strategy and financial goals, including a planned US listing by mid-2025. The company is well-positioned for long-term growth with a robust market presence and a growth-oriented capital allocation strategy to enhance shareholder value.
More about Holcim
Holcim is a leading company in the construction industry, primarily offering modern building solutions. It has a strong market presence in North America with over 1000 locations, focusing on infrastructure, commercial, and residential construction projects.
YTD Price Performance: 14.80%
Average Trading Volume: 172,442
Technical Sentiment Signal: Sell
Current Market Cap: CHF56.06B
Learn more about HOLN stock on TipRanks’ Stock Analysis page.
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