Holcim Is Said to Consider Dual Listing of US Business (1)

Oct. 16, 2024, 9:23 AM UTC

Swiss construction company Holcim Ltd. is considering a dual US and Swiss listing of its North American unit, according to people familiar with the matter.

The company said in January that it will spin off its North American business into a separate US-listed entity, which could be valued at more than $30 billion. A dual listing is among options being considered, and no final decision has been made, said the people, asking not to be identified because the information was private.

The considerations around a dual listing come because Swiss and other European funds may have to sell the new ...

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