|Bid||0.00 x N/A|
|Ask||0.00 x N/A|
|Day's Range||44.48 - 45.54|
|52 Week Range||38.00 - 58.46|
|Beta (5Y Monthly)||1.22|
|PE Ratio (TTM)||16.54|
|Earnings Date||Jul 30, 2021|
|Forward Dividend & Yield||2.00 (4.26%)|
|Ex-Dividend Date||May 07, 2021|
|1y Target Est||N/A|
ZUG, Switzerland, September 10, 2021--Regulatory News: Holcim (Paris:HOLN) has signed an agreement with CSN (Companhia Siderúrgica Nacional) for the divestment of its business in Brazil for an enterprise value of USD 1.025 billion. This divestment includes Holcim’s five integrated cement plants, four grinding stations, six aggregates sites and 19 ready-mix concrete facilities.
Brazilian steelmaker Companhia Siderurgica Nacional's (CSN) cement unit is close to acquiring LafargeHolcim Ltd's assets in the country, two people with knowledge of the matter told Reuters on Thursday. Other bidders have been told that LafargeHolcim, the world's largest cement maker, has picked CSN's bid, the sources said on condition of anonymity as the talks are private. LafargeHolcim is selling the assets to reduce leverage and it analyzed proposals from CSN and local rival Mizu that aimed to acquire its full business in Brazil, the people said.
SAO PAULO (Reuters) -Brazilian cement makers CSN Cimentos, a subsidiary of steelmaker CSN SA; Cimentos Mizu; and Cimento Apodi, in which Titan Cement International has a stake, are among the bidders for assets LafargeHolcim Ltd has put up for sale, two people with knowledge of the matter said. Lafarge, the world's largest cement maker, expects proceeds of $1 billion to $1.5 billion, the people said on condition of anonymity to disclose private talks. The three smaller companies are aiming to acquire a large part of Lafarge's operations in the country which include 10 production plants, the sources said.