>>> Holcim prepared to give Eurocement a board seat but no new concession on sha

Holcim prepared to give Eurocement a board seat but no new concession on share swap ratio

Holcim, the listed Swiss cement group, is prepared to offer its largest shareholder Eurocement a seat on the board after the merger with French Lafarge, Neue Zuercher Zeitung reported. The Swiss daily said Holcim Chairman Wolfgang Reizle made this statement in a newswire interview in which he also said the share swap ratio would not be renegotiated, nor would a special dividend be paid.

Neue Zuercher Zeitung