Stock Market News

Holcim looking at 10 acquisition targets – CEO

2022.05.16 09:56

Holcim looking at 10 acquisition targets - CEO
FILE PHOTO: The new logo of Swiss cement maker Holcim is seen in a block of concrete during the Holcim Capital Markets Day event in Basel, Switzerland, November 18, 2021. REUTERS/Arnd Wiegmann

ZURICH (Reuters) – Holcim (SIX:HOLN) is examining 10 acquisitions with the ability to buy large and small companies, Chief Executive Jan Jenisch said on Monday, after the Swiss cementmaker agreed to sell its Indian operations to Adani Group in a $10.5 billion deal.

“We are growing at quite a fast pace and the plan is, the proceeds from the divestment, we will continue to accelerate our strategy 2025 and acquire new companies,” Jenisch told reporters.

“At the moment we have around 10 transactions being checked by us, being negotiated by us. They are small transactions, they are bigger transactions,” he added. “We are ready for another Firestone,” he said, referring to the $3.4 billion acquisition Holcim made last year.

Source

Related Articles

Leave a Reply

Back to top button
bitcoin
Bitcoin (BTC) $ 98,520.40 4.64%
ethereum
Ethereum (ETH) $ 3,504.87 2.70%
tether
Tether (USDT) $ 1.00 0.36%
xrp
XRP (XRP) $ 2.31 2.77%
bnb
BNB (BNB) $ 706.12 2.19%
solana
Solana (SOL) $ 200.32 4.92%
dogecoin
Dogecoin (DOGE) $ 0.334897 3.88%
usd-coin
USDC (USDC) $ 1.00 0.26%
staked-ether
Lido Staked Ether (STETH) $ 3,498.63 2.69%
cardano
Cardano (ADA) $ 0.930471 2.70%
tron
TRON (TRX) $ 0.257951 2.40%
avalanche-2
Avalanche (AVAX) $ 41.44 6.71%
chainlink
Chainlink (LINK) $ 25.02 3.66%
the-open-network
Toncoin (TON) $ 5.85 4.11%
wrapped-steth
Wrapped stETH (WSTETH) $ 4,145.86 2.53%
shiba-inu
Shiba Inu (SHIB) $ 0.000023 3.67%
sui
Sui (SUI) $ 4.61 1.25%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 98,155.30 4.47%
hedera-hashgraph
Hedera (HBAR) $ 0.31216 4.71%
stellar
Stellar (XLM) $ 0.390444 5.21%
polkadot
Polkadot (DOT) $ 7.49 3.45%
hyperliquid
Hyperliquid (HYPE) $ 29.70 0.25%
weth
WETH (WETH) $ 3,499.68 2.64%
bitcoin-cash
Bitcoin Cash (BCH) $ 466.70 1.98%
leo-token
LEO Token (LEO) $ 9.54 1.59%
uniswap
Uniswap (UNI) $ 14.27 1.76%
litecoin
Litecoin (LTC) $ 109.35 3.12%
pepe
Pepe (PEPE) $ 0.000019 4.12%
bitget-token
Bitget Token (BGB) $ 5.29 16.43%
near
NEAR Protocol (NEAR) $ 5.59 2.47%
wrapped-eeth
Wrapped eETH (WEETH) $ 3,689.43 2.48%
ethena-usde
Ethena USDe (USDE) $ 0.999501 0.13%
aave
Aave (AAVE) $ 379.65 0.30%
internet-computer
Internet Computer (ICP) $ 11.52 7.58%
aptos
Aptos (APT) $ 9.86 3.82%
usds
USDS (USDS) $ 0.999263 0.08%
crypto-com-chain
Cronos (CRO) $ 0.162228 0.74%
polygon-ecosystem-token
POL (ex-MATIC) (POL) $ 0.523178 3.20%
vechain
VeChain (VET) $ 0.052663 9.31%
mantle
Mantle (MNT) $ 1.24 3.16%
ethereum-classic
Ethereum Classic (ETC) $ 27.76 2.13%
render-token
Render (RENDER) $ 7.81 0.68%
bittensor
Bittensor (TAO) $ 507.69 2.68%
monero
Monero (XMR) $ 196.61 5.01%
mantra-dao
MANTRA (OM) $ 3.80 0.82%
fetch-ai
Artificial Superintelligence Alliance (FET) $ 1.38 1.53%
whitebit
WhiteBIT Coin (WBT) $ 24.91 2.23%
arbitrum
Arbitrum (ARB) $ 0.813492 1.48%
dai
Dai (DAI) $ 1.00 0.18%
filecoin
Filecoin (FIL) $ 5.41 5.14%