Swiss cement producer Holcim has seen its share price increase following Thomas Schmidheiny's move to increase his stake in the company to 20% and Filaret Galchev's decision to almost double his stake in Holcim to 10.1%.
Swiss cement producer Holcim has seen its share price increase following Thomas Schmidheiny’s move to increase his stake in the company to 20% and Filaret Galchev’s decision to almost double his stake in Holcim to 10.1%.
There are rumours that Holcim could become the object of a take-over bid by Eurocement.
However, in a recent report, Patrick Appenzeller, an analyst at Helvea, has said that such a purchase is unlikely given the difficult loans and credit market.
