Holcim says the full capital market separation of its North American business, planned as a 100% spin-off to be listed on the New York Stock Exchange, is due for completion by the end of H1 2025.
A company statement issued on Friday said: "The spin-off is planned as a domestic issuer under SEC rules, reporting in US GAAP and seeking inclusion in relevant US equity indices. An additional listing on the SIX Swiss Exchange is planned to accommodate European investors.