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Holcim divests business in Brazil

Sep. 10, 2021 6:39 AM ETHolcim AG (HCMLF) Stock, HCMLY StockBy: Meghavi Singh, SA News Editor

hand clicking on divestment button
pichet_w/iStock via Getty Images

  • Holcim (OTCPK:HCMLF) has inked an agreement with CSN (Companhia Siderúrgica Nacional) for the divestment of its business in Brazil for an enterprise value of 1.025B.
  • The divestment includes Holcim’s five integrated cement plants, four grinding stations, six aggregates sites and

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